The 78-year-old is known for unique soundscapes on tracks such as The Big Ship and By This River, as well as his collaborations with David Bowie, Talking Heads, U2, Devo and Coldplay.
Eno, who also co-founded Roxy Music, launched Opal Records in 1988 to release experimental, ambient and non-mainstream music which aligned with his own pioneering sound.
The label showcased artists including Jon Hassell, Harold Budd, Djivan Gasparyan, John Cale, Canadian record producer Daniel Lanois and Eno's brother Roger.
Opal Records was put on hiatus in 1991, having helped forge Eno's reputation as a revolutionary musician and created a collaborative space for artists hoping to redefine atmospheric popular music.
Reflecting on how he developed ambient music as a genre, which he referred to as "music two", Eno said: "I was aware that making sonic 'places' was what mattered to me.
"I was thinking not so much of making music but rather of evoking 'the feeling of a place' through sound.
"As soon as I started to feel physical qualities like warmth or coldness or darkness or brightness or turbulence or calmness - as soon as that happened I felt I was onto something."
Eno described making "music two" as "much more like painting than like traditional composing", adding: "It's not fixed in space: once made, it can be heard wherever you choose to take it.
"Most importantly, perhaps, it's available to be heard as many times as you want to listen to it."
Opal Records returns on October 16 with reissues of Eno's Another Day On Earth (2005) and Drawn From Life, his 2001 collaboration with German composer J. Peter Schwalm.