OnPath powers ahead after ‘solid returns’
A renewables developer is building on “solid returns” as it continues to invest in an ambitious UK growth strategy.
Sunderland-headquartered OnPath Energy reported a £22.7 million operating profit alongside turnover of £73.4 million for the 12 months to the end of 2025, as it works towards investing more than £1 billion in clean energy projects over the next five years.
The company, which has built 14 onshore wind farms across the UK, is expanding its development pipeline and expects to bring forward several new project proposals in England in the coming months.
It is also exploring potential development locations across England, Scotland and Wales.
OnPath acquired Milton Keynes Wind Farm in Buckinghamshire and Pates Hill Wind Farm in West Lothian at the beginning of 2025.
It has since entered into an option agreement to acquire a majority stake in three onshore wind farms under development in South Lanarkshire, subject to project milestones and conditions.
Simon Fisher, chief financial officer at OnPath Energy, said: “Onshore wind energy is playing an increasingly important role in the UK’s long-term energy security strategy while also delivering significant supply chain investment, UK jobs, improving energy affordability and social benefits for local communities, local supply chain businesses and the wider economy.
“Wind yields in 2025 were below average, but we have still delivered solid commercial returns while continuing the evolution of the business towards a primary focus on developing and building new onshore wind farms across the UK.”
Earlier this year, the company sold seven English onshore wind farms to The ERG Group, releasing capital to support new developments.
Its Lethans Extension Wind Farm in East Ayrshire has also secured a Contract for Difference in the Government’s latest allocation round.
Simon added: “In the coming months, we will add another 73MW capacity to our operating portfolio with the energisation of Mill Rig Wind Farm in South Lanarkshire and the Barnsdale Solar Park in West Yorkshire, with the commissioning of the Common Farm Solar Park in South Yorkshire then set to follow.
“Acquisitions and divestments continue to be a critical part of our growth strategy, with capital reinvestment helping us to grow our pipeline as we bring forward new projects, which in turn creates jobs and supply chain opportunities for UK businesses, improves energy affordability for UK consumers while also accelerating our contribution to a fair and inclusive just transition.”
Alongside its project pipeline, OnPath is expanding its operational footprint, recently opening a Cambridge office after investing in larger premises for its Scottish team last year.
The company also awarded more than £1.2 million through community funds linked to its wind farms during the year.
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