Decade Energy, a specialist in power infrastructure for logistics depots, has secured €22 million in a new funding round. Led by Eiffel Investment Group and SET Ventures, the investment will accelerate the deployment of energy systems for electric truck fleets. This capital addresses the critical bottleneck of power access that currently hinders the large-scale electrification of road transport.
Addressing the Electrification Bottleneck
As the logistics industry moves to electric vehicles, the primary obstacle is no longer truck availability but access to sufficient power. Many sites face challenges from grid constraints, lengthy connection times, and complex on-site energy systems. These factors are slowing the deployment of electric fleets and hampering decarbonization efforts across Europe.
An Integrated Infrastructure Solution
Decade Energy solves this by developing, financing, and operating integrated energy infrastructure for logistics depots. Their solution includes new grid connections, battery energy storage systems (BESS), solar power, and advanced EV charging stations. The system is managed by proprietary software to optimize energy consumption and reduce operational costs.
The company uses a zero-CapEx approach, removing the upfront financial burden for logistics property owners. This model helps clients secure power capacity while generating predictable rental income and creating value from BESS participation in energy markets. Decade Energy turns a major infrastructure challenge into a valuable, future-ready asset for its partners.
Strategic Allocation of New Capital
The new capital is strategically divided, with a €16 million commitment from Eiffel Investment Group dedicated to project deployment. This portion will finance the rollout of a portfolio of at least 100MW of BESS projects throughout France. The total capital expenditure for this initiative is projected to be approximately €50 million.
The remaining funds, led by SET Ventures, will advance Decade Energy's product roadmap and international growth. This investment will focus on enhancing its energy optimization software and developing new truck charging and solar products. It will also support team expansion into new strategic European markets.
Market Traction and Future Expansion
The company's early traction indicates a strong market pull for its innovative solutions. To date, Decade Energy has conducted more than 1,500 feasibility studies for depot electrification across the continent. This groundwork has validated the widespread need for scalable power infrastructure to support the growing electric truck industry.
Building on this, the company has advanced over 100 projects representing more than 500MW of capacity currently in development. Furthermore, a pipeline of 50 projects is scheduled to commence construction in 2026. This progress signals a clear transition for the company from development to large-scale deployment.
While France was the initial launch market, Decade Energy’s vision extends across Europe. The new funding will enable expansion into key markets such as Germany, the Nordics, and Poland. The company will adapt its successful model to address specific local market dynamics and customer requirements.
This €22 million investment is a pivotal moment for Decade Energy, providing the resources to scale its operations and solidify its market leadership. By transforming logistics depots into powered, flexible hubs, the company is enabling the broader energy transition. This funding positions Decade Energy to play a crucial role in accelerating the decarbonization of road transport.