OnPath Energy to Invest £1 Billion in UK Clean Energy Projects

OnPath Energy, a Sunderland-based renewable energy developer, is set to invest £1 billion in clean energy projects across the UK over the next five years. This ambitious plan aims to “accelerate the transition to net-zero.” The company officially marked the opening of its new headquarters at Chase House, Rainton Bridge Business Park, with Bridget Phillipson MP, the Education Secretary and MP for Houghton and Sunderland South, cutting the ribbon.

Local Impact and Commitment

Ms. Phillipson expressed her enthusiasm, stating, “I’d like to welcome OnPath Energy to Houghton and Sunderland South. The opening of their new headquarters will be welcome news for local people. Clean power will unlock billions of pounds in investment and re-industrialize Britain, creating thousands of skilled jobs across the country.”

Recent Developments

Following its acquisition by Brookfield Asset Management in 2023, OnPath Energy has expanded its portfolio of onshore wind, solar, and energy storage projects. The company operates ten wind farms across Scotland and northern England and has already created more than 30 jobs this year, with expectations to generate “hundreds of skilled, sustainable green jobs” as it aims to become the UK’s leading land-based renewable energy developer.

READ MORE  EU Funds €190,000 for Polish Green Hydrogen Project

Future Goals

“Bridget Phillipson MP inaugurates OnPath Energy’s new headquarters, marking a £1 billion investment in UK clean energy projects.”

Richard Dunkley, Chief Executive of OnPath Energy, highlighted the government’s commitment to accelerating the transition to net-zero. He said, “We will be contributing towards reaching this destination by investing around £1 billion in building more of the renewables infrastructure the UK needs over the next five years, creating and supporting hundreds of skilled, sustainable green jobs across the UK, including within the North East.”

Community Support

Councillor Michael Mordey, leader of Sunderland City Council, expressed pride in OnPath’s growth in Sunderland, emphasizing the company’s commitment to supporting the city and its local supply chain.

Sources

Facebook
X (Twitter)
Pinterest
Instagram
Tiktok