Decade Energy, the company building the power infrastructure at logistics depots, has secured €22 million to scale deployment across France, expand its product offering, and enter new international markets. The financing is led by Eiffel Investment Group and SET Ventures, along with existing investors.

As truck electrification accelerates, the bottleneck is no longer vehicle availability but access to power. Grid constraints, long connection lead times, and the complexity of on-site energy systems are slowing deployment at many logistics sites.

Decade Energy solves that problem by developing, financing, and operating integrated energy infrastructure needed at depots to support electric truck fleets. This includes new grid connections, battery energy storage systems (BESS), EV charging, solar, and software to optimize energy use. With a zero-CapEx approach, Decade Energy helps logistics property owners secure power capacity, while creating predictable rental income and adding additional value from BESS participation in energy markets.

“This financing allows us to expand Decade Energy from a deployment model into a broader platform for depot electrification. We are building the software, energy products, and team needed to serve logistics sites more comprehensively, and to bring that model into new European markets. We now have the capital and platform to turn logistics depots into the power infrastructure that electric road transport needs.”

– Casper Norden, CEO & Co-Founder, Decade Energy

A New Model for Future-Ready Depots

Its distributed portfolio approach – deploying across many sites rather than a small number of centralized assets – prepares depots for electric truck fleets and increases long-term asset value. In doing so, Decade Energy is helping define a new category of infrastructure for electric road transport: the powered, flexible, future-ready depot.

“This fundraising validates both our strategy and the strength of our team at Decade Energy. We have built a model around the real needs of depots: access to power, infrastructure, and a practical path to electrification. Now we can scale construction and support more customers as they prepare their sites for electric fleets.”

– Alexandre Cleret, COO & Co-Founder, Decade Energy

Decade Energy’s traction already signals strong market pull. To date, the company has:

• Conducted more than 1,500 depot electrification feasibility studies across Europe
• Advanced more than 100 projects representing over 500MW of capacity currently under development
• Built a pipeline of 50 projects set to begin construction in 2026

The financing marks Decade Energy’s shift from development to deployment at scale.

Together, the two new investors, Eiffel Investment Group and SET Ventures, bring complementary capabilities to the next phase of Decade Energy’s development.

The €16 million commitment from Eiffel Investment Group, through its managed fund Eiffel Transition Infrastructure, is dedicated to projects’ deployment. The objective is the rollout of a portfolio of at least 100MW BESS projects across France, for a total CapEx financing of approximately €50 million. These projects will add several megawatts of power capacity, strengthen energy independence at logistics sites, and prepare them to support both fleet charging and grid flexibility.

The remaining funds, led by SET Ventures – with continued support from existing investors Contrarian Ventures and Ananda Impact Ventures – is dedicated to the next stage of Decade Energy's product roadmap. The objective is to advance its energy optimization software, new truck charging and PV products, and expand the team into new markets.

“Against today’s geopolitical backdrop, the case for BESS buildout and fossil fuel independence has never been stronger. Decade Energy is tackling one of the most critical choke points in the energy transition: grid constraints at logistics depots. Their team combines deep transport expertise and strong energy infrastructure capabilities, backed up by impressive early traction. This convinced us that they are uniquely positioned to build a leading platform that can meaningfully accelerate Europe’s energy resilience.”

– Julia Padberg, Partner, SET Ventures

“BESS is no longer a niche technology. It is becoming a core infrastructure, combining a necessary flexibility tool for more renewable penetration with the potential to electrify logistics depots. Decade Energy’s proven infrastructure deployment, coupled with Eiffel Investment Group's strong market expertise, will turn fragmented site-level demand into a scalable model while generating long-term value for customers and the power system alike.”

— Laurent Coubret, Investment Director, Eiffel Investment Group

Growing to European Scale

France has been Decade Energy’s initial launch market and first execution proof point, with active deployment underway.

However, Decade Energy’s solution is not specific to the French market but instead reflects a wider European trend, and it’s the company’s ambition to serve logistics property owners across Europe. With this funding, Decade Energy aims to expand into Germany, the Nordics, Poland and other European countries, adapting its model to local market dynamics and customer needs.

This expansion comes at a time when governments are accelerating electrification efforts, including recent announcements in France to support the transition of fleets and infrastructure, reinforcing the need for scalable depot power solutions.

Leonora Sama-Itoua

Ballou PR

leonora@balloupr.com