OnPath powers ahead with wind farm deals

A Sunderland-based renewable energy developer has strengthened its portfolio with a deal for two operational onshore wind farms.

OnPath Energy has bought Milton Keynes Wind Farm, in Buckinghamshire, and Pates Hill Wind Farm, in West Lothian, from GCP Infrastructure Investments.

Officials say the deal “underscores” OnPath Energy's growth ambitions while delivering a “positive outcome for all concerned”.

The sites, operational since 2010, have a combined capacity of 28MW - enough to power 23,000 homes annually.

Richard Dunkley, OnPath Energy chief executive, said: “As we continue to develop our own renewable generation projects from first principles, we will also be looking to identify other opportunities at every stage of the lifecycle, from pre-construction right through to operational wind farms and project repowering.

“Milton Keynes and Pates Hill represent a strong fit with our development framework and their acquisition provides a positive outcome for all concerned, including the local communities that will continue to benefit directly from the revenues these wind farms generate.”

Philip Kent, chief executive of Gravis Capital Management, the investment adviser to GCP Infrastructure Investments, said: “We are pleased to be selling the wind farms to OnPath Energy, who we are sure will be excellent stewards of the assets and will continue to create benefits for all relevant stakeholders.”

The deal marks OnPath Energy’s first acquisition since being bought by Brookfield Asset Management in 2023. 

Now operating 12 onshore wind farms across Scotland and England, the company is progressing multiple renewable projects, including Mill Rig Wind Farm, in South Lanarkshire; Barnsdale Solar Farm, near Leeds; and a co-located solar and battery scheme at Common Farm, in South Yorkshire.

Shaun Chande, mergers and acquisitions director at OnPath Energy, added: “This transaction underscores the effectiveness of our plan to accelerate growth through strategic acquisitions, leveraging our deep onshore wind expertise, our robust balance sheet and strong financing capabilities to drive the platform’s continued expansion.”

Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →