GreenPower was founded in 2000 and is owned by Robert Forrest, one of the early pioneers and leaders of the renewable energy business in the UK. GreenPower has been and remains an independent Scottish business and has formed a number of successful project joint ventures with global businesses including GE Wind and Norwegian utility company, Statkraft. GreenPower, in joint venture with GE Wind, gained the consent for the 204MW Griffin wind farm in Perthshire and then the 46MW Carraig Gheal wind farm in Argyll in joint venture with Statkraft. Following Carraig Gheal’s consent, GreenPower formed a new partnership with the Ampere Equity fund in order to raise project finance of circa £90m and then led the construction of the Carraig Gheal wind farm. In 2020 GreenPower secured a new finance partner with the sale of a 90% majority stake in its 46MW Carraig Gheal Wind Farm in Argyll and Bute, Scotland to RPMI Railpen (“Railpen”), which manages £30 billion of assets on behalf of the railways pension schemes.
In September 2014 GreenPower was delighted to win “The Best Green Business Award” at the respected Clackmannanshire Business Awards. GreenPower was further selected in March 2015 as finalists in the Forth Valley Chamber of Commerce Business Awards. At these prestigious awards sponsored by the Ministry of Defence GreenPower was again successful and was awarded “The Best Green Business Award”. In 2018 Drumduff Wind Farm, a joint venture between GreenPower and Thrive Renewables, won the “Sustainable Development Award” at the Scottish Green Energy Awards.