UrbanChain, the clean energy technology company operating Europe's first private energy market, has extended its renewable energy agreement with Believ, one of the UK's fastest-growing electric vehicle (EV) charge point operators, continuing to power Believ’s national expansion with traceable, locally matched renewable electricity.
This three-year extension builds upon an agreement first signed in 2025 and will continue to power Believ's growing network in partnership with local authorities and the private sector. This agreement supports Believ’s mission of ‘Cleaner Air for All’ by ensuring every charge is backed by renewable energy from certified generators, with the option to match local generation to local sites where available.
Through UrbanChain’s pioneering private energy market, the renewable supply is transparently sourced, competitively priced, and matched on a half-hourly basis, providing the price stability and traceability that public-sector partners and investors increasingly require. This gives Believ the flexibility to source local renewable power where it exists, while maintaining secure, infrastructure-level supply across its national footprint.
Believ, backed by £300 million of investment from Liberty Global and Zouk Capital (manager of the HM Treasury-backed Charging Infrastructure Investment Fund (CIIF)), currently operates more than 2,400 live charge points nationwide. Wherever possible, these will be supplied with locally generated clean energy through UrbanChain private markets.
Recent Believ partnerships with Leeds City Council, Plymouth City Council, and national retail park operator 9Yards are accelerating deployment across urban, rural, and underserved communities, supported by an energy model designed for long-term scale.
Charlie Parry, Chief Growth Officer at UrbanChain, said:
"This is infrastructure-level system change. UrbanChain already powers Believ’s network, and this extension commits that model for the next three years as EV charging is rolled out at scale across the UK.
Local authorities across the country are deploying EV charging at pace, and behind every one is an energy system that either entrenches wholesale volatility or builds something structurally different.
“We've built the latter with Believ, bringing local renewable generation to local consumers, through choice, not obligation, and giving long-term certainty to serious infrastructure rollouts. This is what powering communities, councils, and the decarbonization of transport at scale actually looks like, through resilient, repeatable systems, designed to support the decarbonization of transport at national scale.”
Guy Bartlett, CEO of Believ, said:
“With Urban Chain, we have strengthened our ability to offer not just renewable, but fully traceable energy across our network.
"By matching demand with local generation, we can give our local authority and business partners, and driver customers greater confidence in where their energy comes from, while also improving how we forecast demand and develop better-value propositions.”