energy saving

UrbanChain expands into new Base at Manchester Science Park

UrbanChain, the company behind a platform for buying and selling renewable energy, have moved into a new 91,000 sq ft Base at Manchester Science Park, equipped with solar power, clean energy heating and cooling system and floor finishes utilising recycled materials.
UrbanChain expands into new Base at Manchester Science Park
Courtesy of UrbanChain.

Aligning to the company’s own ethos and focus on green energy, Base benefits from a number of sustainability measures and operates at Net Zero Carbon across the building’s communal areas. Other measures include an A-rated EPC, 704 square metres of PV solar power, a hybrid heating and cooling system, and use of recycled materials to create alternative flooring finishes.

Having signed a five year lease to take 4000 sq ft at Base, UrbanChain says their new headquarters, situated in the heart of Manchester’s knowledge quarter, will help them recruit the talent they need to match their expansion ambitions.

Backed by leading European investment group Eurazeo, UrbanChain specialise in the provision of peer-to-peer energy exchange services, decoupling renewable energy and consumers from the volatile wholesale market and creating an alternative market with renewables to sell directly to people who want it, making green energy viable without subsidies and affordable for all.

Office buildings, data centres, hospitals, universities, housing associations, energy suppliers, industrial sites, local authorities and green energy generators all trade within the regulated platform which is blockchain backed and powered by AI.

“With a team rapidly growing beyond 50 people we are delighted to call Base our new home” said Somayeh Taheri, Founder and CEO, UrbanChain. “Ofgem granted UrbanChain an electricity supply licence a handful of weeks ago, triggering another breakthrough in our journey. It means we can offer green energy customers new and improved products while giving renewable generators more control. As we also now embark on a Series B fundraise, we feel we have a working environment which aligns our talented workforce with our UK and international growth strategy.”

Manchester Science Park is one of the UK’s most well established science and tech communities and is home to over 150 businesses working in areas such as industry 4.0, software engineering and development, energy, diagnostics and medical technology.

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