OnPath Energy Sells 67.2-MW Kype Muir Extension Wind Farm to Schroders Greencoat
In a significant move within the renewable energy sector, OnPath Energy has finalized the sale of its 67.2-MW Kype Muir Extension wind farm in Scotland to funds managed by British investment manager Schroders Greencoat LLP. This transaction marks the complete transfer of ownership, following Schroders Greencoat's acquisition of a 49.9% stake nearly a year ago. Details of the Transaction OnPath Energy announced the completion of the sale on Friday, revealing plans to reinvest the proceeds into new high-quality renewable energy infrastructure projects. The Kype Muir Extension, located near Strathaven in South Lanarkshire, consists of 15 turbines and was officially inaugurated…
