UrbanChain goes live on large-scale UK renewable power purchase agreement
News
20 Jan 2026
Alex Bell
20 Jan 2026
UrbanChain has gone live on its largest renewable power purchase agreement to date, signing a multi-year, operational offtake agreement with a major, investment-grade European renewable generator.
The offshore wind-backed corporate PPA became operational on 31 December 2025 and provides UrbanChain with over 120 GWh per year of UK-based, grid-scale renewable electricity.
The additional volume takes UrbanChain’s total contracted renewable generation in Scotland to an all-time high and adds to the company’s expanding portfolio of renewable offtake agreements, supporting repeatable growth into 2026.
The annual volume is equivalent to supplying electricity to around 31,000 UK households, based on Ofgem Typical Domestic Consumption Values for a medium household, or supporting substantial levels of commercial and industrial demand.
The agreement strengthens UrbanChain’s ability to match renewable generation to demand by time and location, improving market balance and supporting customers across Scotland and the wider UK.
It also enhances UrbanChain’s capacity to serve high-demand users including data centres, EV charging networks and other energy-intensive infrastructure that require reliable, operational access to renewable power with long-term carbon certainty.
“This is a defining deal for UrbanChain. It is our largest generation agreement so far and reflects the scale at which our model operates today. Securing long-term renewable supply from UK grid-scale offshore wind strengthens our ability to support customers with greater certainty, resilience and value, taking our available generation in Scotland to a new high.”
Charlie Parry, Chief Growth Officer
The deal reinforces UrbanChain’s role as infrastructure-grade market access for major generators, as the company advances into its next phase of growth in the UK, alongside selective international pilots and continued demand from data centres, digital infrastructure and other large-scale energy consumers.
The agreement underlines UrbanChain’s role in connecting contracted renewable generation to end users through data-driven, time- and location-matched energy trading, supporting transparent pricing and verifiable carbon outcomes.
“This agreement strengthens the fundamentals of our market. Bringing additional renewable volume into operation improves how we balance supply and demand across the system and increases our flexibility to optimise where and when power is used. That is critical for customers who require clean energy that is traceable and grounded in real assets.”
Basim Basheer Thayyil, Senior Growth Originator
UrbanChain Managing Director and CRO Stephen Cornish, and CFO Julian Denee, will be meeting asset owners, infrastructure developers and investors at E-world in Essen next month.
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