The developer recorded a turnover of £73.4 million and an operating profit of £22.7m for the 12 months to the end of last year, compared to a turnover of £95.7m and an operating profit of £69.4m in the 15 months to the end of September 2024.

OnPath anticipates that it will invest over £1 billion in clean energy projects over the course of the next five years.

As part of the firm’s growth strategy, it acquired the Pates Hill Wind Farm in West Lothian at the start of last year and has since entered into an option agreement - subject to certain project milestones and conditions - to acquire a majority stake in three onshore wind farms which are under development in South Lanarkshire.

OnPath’s Lethans Extension Wind Farm in East Ayrshire was given a Contract for Difference (CfD) in the UK government’s most recent allocation round.

Simon Fisher, chief financial officer at Sunderland-headquartered 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.”

Fisher 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.”