UK-based energy technology company UrbanChain said it has brought into operation its largest renewable power purchase agreement (PPA) to date after signing a multi-year offtake deal with a major European renewable energy generator.
The offshore wind-backed corporate PPA became operational on Dec. 31, 2025 and delivers more than 120 gigawatt hours (GWh) a year of UK-based, grid-scale renewable electricity, UrbanChain said. The additional volume lifts the company’s total contracted renewable generation in Scotland to a record level and supports planned growth into 2026.
The annual output is equivalent to the electricity demand of around 31,000 UK households, or to supplying large commercial and industrial users, the company said.
“This is a defining deal for UrbanChain,” said Charlie Parry, chief growth officer at the company. “It is our largest generation agreement so far and reflects the scale at which our model operates today.”
UrbanChain said the agreement strengthens its ability to match renewable generation with demand by time and location, enhancing its capacity to serve high-demand customers such as data centres, electric vehicle charging networks and other energy-intensive infrastructure.
“Crucially, it reinforces UrbanChain’s role as infrastructure-grade market access for major generators,” Parry added.
The company said the deal underlines its role in connecting contracted renewable generation to end users through data-driven energy trading. UrbanChain focuses on renewable market access and optimisation and is backed by institutional investors including Eurazeo.
“This agreement strengthens the fundamentals of our market,” said Basim Basheer Thayyil, senior growth originator at UrbanChain. “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.”
UrbanChain said its managing director and chief revenue officer Stephen Cornish and chief financial officer Julian Denee will meet asset owners, developers and investors at the E-world energy trade fair in Essen next month.
