OnPath Energy acquires wind farms in first deal since being formed

Renewable energy firm OnPath Energy has acquired two operational wind farms in its first deals since being formed.

The Sunderland company, which was previously the renewable energy wing of Banks Group until it was bought by Brookfield Asset Management in 2023, has acquired the Milton Keynes wind farm in Buckinghamshire and the Pates Hill wind farm in West Lothian from GCP Infrastructure Investments. The two sites have been operational since 2010 with a capacity of around 28MW, enough to power around 23,000 homes.

The deal means OnPath now owns and operates 12 onshore wind farms across Scotland and England while it also starting work this year on two new wind farms, one in Scotland and one near Leeds. The Yorkshire development will also have an associated solar and battery scheme.

The company also has more than 3GW of renewable energy generation and electricity storage capacit