The United Kingdom’s Octopus Energy Generation said it plans to invest $20 billion (GBP 15 billion) in offshore wind projects by 2030, it said in a news release Monday. The company, which currently manages $7.7 billion (GBP 6 billion) of green energy projects globally, said that the targeted investment will help fund the generation of 12 gigawatts (GW) of renewable electricity per year, which would power around 10 million homes. Octopus said it is targeting projects around the world, focusing on Europe, and that it “already has several deals in the pipeline.