Menu

Decade Energy raises €22M to build power infrastructure for electric truck depots across Europe
📰
0

Decade Energy raises €22M to build power infrastructure for electric truck depots across Europe

TNW | Investors-Funding·Alina Maria Stan·about 1 month ago
#TMA9uxXz
Reading 0:00
15s threshold

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 with distinct purposes: €16 million from Eiffel, through its managed fund Eiffel Transition Infrastructure, dedicated to project deployment, specifically the rollout of a portfolio of at least 100MW of battery energy storage systems (BESS) across France, representing total project CapEx financing of approximately €50 million.…

Continue reading — create a free account

Join HashtagPLUS to read full articles, follow hashtags, vote, and join the conversation.

Read More