North East family firm the Banks Group has announced that its renewable energy division Banks Renewables is being acquired by Brookfield. The Banks Group, founded in 1976, established its renewables business in 2006 and is an independent owner/operator of onshore wind projects in the UK.
It currently has 11 onshore wind farms across Yorkshire, the North East, the North West and Scotland, and earlier this year, it completed the construction of its 100th wind turbine as part of the development of the new Kype Extension Wind Farm in South Lanarkshire, which is due to become operational in the very near future.