Decade Energy Raises €22M to Build Zero-Capex Power Infrastructure for Electric Truck Depots Across Europe
April 23, 2026 – 7:34 am
The round is split between €16M from Eiffel Investment Group for project deployment and €6M led by SET Ventures for product and expansion, alongside existing investors Ananda Impact Ventures and Contrarian Ventures. The company targets 100MW+ of BESS projects across France, with Germany, the Nordics, and Poland to follow.
Decade Energy
The Paris-based company building power infrastructure at logistics depots for electric truck fleets has raised €22 million in a round led by Eiffel Investment Group and SET Ventures, with continued backing from existing investors Ananda Impact Ventures and Contrarian Ventures.
The round is structured in two tranches:
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€16 million from Eiffel, through its managed fund Eiffel Transition Infrastructure, dedicated to project deployment, specifically the rollout of at least 100MW of battery energy storage systems (BESS) across France, representing total project CapEx financing of approximately €50 million.
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€6 million, led by SET Ventures, is directed at advancing Decade Energy’s energy optimization software, new truck charging and photovoltaic products, and expansion into new markets.
About the Company
Founded in Paris in 2024 by Casper Norden (CEO), Alexandre Cleret (COO), Alejandro Ortega Peniche, and a team drawn from Volta Trucks and its Truck-as-a-Service subsidiary, Decade Energy builds on the legacy of Volta Trucks, which filed for administration in late 2023.
The original TaaS team, led by Casper Norden, separated out the infrastructure and energy management activity into Decade Energy, raising €3.6 million in seed funding from Ananda Impact Ventures and Contrarian Ventures in June 2024.
Business Model
Decade Energy’s business model is based on a zero-CapEx approach:
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Logistics property owners and depot operators receive grid connections, BESS installations, EV charging infrastructure, solar panels, and energy management software without making a capital outlay.
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Decade Energy develops, finances, and operates the infrastructure, generating returns through a rental income model for the property owner and through BESS participation in energy markets. Battery storage systems are compensated by grid operators for balancing grid fluctuations.
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This model converts a capital-intensive infrastructure problem into a predictable operating cost and turns depots into active participants in electricity markets rather than passive consumers.
The Problem and Solution
Decade Energy is addressing a structural problem: as electric trucks move from novelty to mainstream, the challenge shifts from vehicle availability to grid access.