OnPath Energy has announced plans to invest around a billion pounds in clean energy projects across the UK over the next five years.
Richard Dunkley (at right in photo), CEO at OnPath Energy, said: “The new government has been very firm in its commitment to accelerating the transition to net zero.
“We will be contributing towards reaching this destination by aiming to invest around one billion pounds in building more of the renewables infrastructure the UK needs over the next five years, a plan which will in turn create and support hundreds of skilled, sustainable green jobs across the UK, including within the North East.”
The announcement comes as OnPath Energy officially opened the developer’s new Sunderland headquarters, Chase House.
Secretary of State for Education Bridget Phillipson (second from right in photo) said at the ribbon cutting ceremony: “Clean power will unlock billions of pounds in investment and reindustrialise Britain with thousands of skilled jobs across the country.”
OnPath Energy also has offices in Hamilton, South Lanarkshire and a presence in London.
The developer was acquired in 2023 by Brookfield Asset Management, and owns and operates ten onshore windfarms across Scotland and northern England, and says it expects to progress the construction of several projects across the UK over the coming year.
Dunkley added: “OnPath has ambitious plans to make further long-term capital investment in this high-quality renewable energy infrastructure, amplifying the difference we can make to a net zero future for the UK that will help to lower consumer bills, improve the UK’s energy security and deliver a just transition that is fair and inclusive for everyone.”