Who Owns OnPath Energy?
OnPath Energy is owned by Brookfield Renewable Partners, a publicly traded renewable power company. OnPath Energy operates as Brookfield Renewable's UK subsidiary, developing and managing wind, solar, and energy storage facilities across England and Scotland. The company is headquartered in the United Kingdom and is one of the UK's leading onshore renewable energy developers.
Parent Company
Brookfield Renewable Partners
Acquired
2023
Status
Private
Headquarters
United Kingdom
Who Owns OnPath Energy?
- Parent Company: Brookfield Renewable Partners
- Ownership Type: Subsidiary
- Acquisition Year: 2023
- Company Type: Publicly Traded
- Stock Ticker: NYSE, TSX: BEP, BEPC
| Brand | Parent Company | Ownership Type |
|---|---|---|
| OnPath Energy | Brookfield Renewable Partners | Subsidiary |
History of OnPath Energy
- Founded: 2023
- Founders: Brookfield Global Transition Fund (acquired Banks Renewables)
- Acquired by Brookfield Renewable Partners: 2023
OnPath Energy was established in 2023 when Brookfield Global Transition Fund acquired Banks Renewables, a leading UK renewable energy developer. The acquisition and rebranding marked Brookfield's expansion into the UK renewable energy market with an established team and trusted position in the onshore renewable energy sector.
Banks Renewables had built a strong reputation as a developer of renewable energy projects in the UK, with expertise in wind, solar, and energy storage development. The company had developed a portfolio of projects and maintained strong relationships with landowners and local communities.
Under Brookfield Renewable Partners' ownership, OnPath Energy has continued to develop and operate renewable energy projects across the UK. The company operates with the same leadership team that built Banks Renewables, building on the trusted position in the UK's onshore renewable energy market. OnPath Energy's projects generate enough electricity to power up to 240,000 UK homes annually.
About Brookfield Renewable Partners
Brookfield Renewable Partners is a leading global renewable power company that owns and operates a diverse portfolio of renewable energy assets. The company operates through multiple business segments including hydroelectric power, wind energy, utility-scale solar, distributed generation, and energy storage.
The company's assets are located across North America, South America, Europe, India, and China, providing geographic diversification and exposure to multiple energy markets. Brookfield Renewable operates through regional subsidiaries including Brookfield Renewable U.S. and OnPath Energy (UK), which manage operations in their respective regions.
Brookfield Renewable is committed to supporting the global energy transition and has made significant investments in renewable energy infrastructure. The company generates stable, long-term cash flows from its diversified portfolio of renewable power assets.
- Founded: 2011
- Headquarters: Toronto, Ontario, Canada
- Company Type: Publicly Traded
- Stock: NYSE, TSX: BEP, BEPC
Where Is OnPath Energy Made / Based?
- Headquarters: United Kingdom
- Manufacturing / Operations: United Kingdom
Brands Owned by Brookfield Renewable Partners
- Brookfield Renewable U.S. - U.S.-based renewable power company operating hydroelectric, wind, solar, and sto...
OnPath Energy Ownership: Pros & Cons
Advantages
- +Access to Brookfield Renewable's financial resources and operational expertise
- +Integration with world's largest renewable power operator
- +Strong focus on clean energy and sustainability
- +Established position in UK renewable energy market
- +Long-term customer contracts providing stable cash flows
- +Operational stability backed by Brookfield Renewable's financial strength
Considerations
- -Regulatory oversight from UK energy regulators
- -Dependency on parent company strategic decisions and capital allocation
- -Integration challenges managing UK-specific renewable energy projects
- -Environmental and social compliance requirements
- -Exposure to renewable energy market dynamics
- -Weather-related impacts on wind and solar generation
- -Political and regulatory risk in UK
Frequently Asked Questions About OnPath Energy
Competitors to OnPath Energy
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Enel | Italy | 2008 | Mass Market | Europe | All Genders | |
| Engie | France | 2007 | Mass Market | Europe | All Genders | |
| Adani Group | India | 2015 | Mass Market | Global | All Genders | |
| Berkshire Hathaway | USA | 1926 | Mass Market | North America | All Genders | |
| Dte Energy | USA | 1990 | Mass Market | North America | All Genders | |
| Dte Energy | USA | 1996 | Mass Market | North America | Male |
Learn More About Competitors
Enel Green Power
Owned by Enel
World's largest renewable energy company providing wind, solar, hydroelectric, and geothermal power generation across five continents.
Solairedirect
Owned by ENGIE
Renewable energy company specializing in solar power and photovoltaic solutions across Europe, owned by ENGIE.
Adani Green Energy
Owned by Adani Group
Indian renewable energy company providing solar and wind power solutions, owned by Adani Group.
Berkshire Hathaway Energy
Owned by Berkshire Hathaway
American energy company operating regulated utilities and renewable energy businesses across multiple states, owned by Berkshire Hathaway.
DTE Biomass Energy
Owned by DTE Energy Company
Renewable energy company specializing in landfill gas collection and biomass energy projects, owned by DTE Energy Company.
DTE Vantage
Owned by DTE Energy Company
Non-utility energy services company operating renewable energy, industrial energy services, and environmental control projects across the United States.
Competitive Analysis
Market Positioning: OnPath Energy competes with 6 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
Brookfield Renewable Partners Stock Information
Jobs at Brookfield Renewable Partners
Latest News About OnPath Energy
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