Stek advises Jedlix and its shareholders on the sale of Jedlix to Kraken

Stek advised Jedlix and its shareholders on the sale of Jedlix to Kraken, part of the Octopus Energy group.

Jedlix provides branded smart and bi-directional charging solutions to optimize the charging of electric vehicles (EVs). Jedlix teams up with energy companies, charge point operators, car and charger manufacturers to reduce the total cost of ownership of EVs to monetize the flexibility of their charging process on markets and to optimize the use of renewable energy.

Kraken is an AI-powered, end-to-end platform for utility digitalization and manages over 50 million customer accounts, over 40 GW of power – from offshore wind to grid-scale batteries – and over 250,000 consumer devices such as electric cars and charging stations.

Jedlix brings expertise in smart EV charging solutions, broadens Kraken’s offering and unlocks cheaper and cleaner energy for EV drivers across Europe.

The Stek team consisted of Elias Ram and Fitz MacLean.

Click here for the press release.