Johannesburg, SouthAfrica – 24 February 2025 – Decentral Energy, a leading South African energy solutions provider, has secured a R300 million funding commitment from Futuregrowth Asset Management, a specialist investment company focused on sustainable and developmental investments.
The funding will enable Decentral Energy to accelerate the expansion of its integrated energy asset portfolio and to continue delivering reliable, sustainable and cost-effective energy solutions to customers in the retail, tourism, agriculture, residential, and commercial and industrial (C&I) sectors across South Africa.
Decentral Energy currently manages over 100 behind-the-meter energy installations consisting of various combinations of solar photovoltaic (PV) systems, battery storage and backup generators (both diesel and gas), operating either as standalone micro grids or integrated with the local electricity grid.
With this funding, Decentral Energy aims to further grow its operations, enhance energy resilience, and contribute meaningfully to South Africa’s transition toward decentralised and renewable energy solutions.
Luel Culwick, Executive Director of Decentral Energy, expressed enthusiasm about the partnership with Futuregrowth:
“This transaction marks another significant step for Decentral Energy in reshaping the energy landscape in South Africa. We look to provide tailored, fully financed energy solutions that drive cost savings, energy security and growth for our clients, and accordingly the capital has been invested into over 60 solar PV and battery storage assets.With Futuregrowth’s support, we can expand our reach, innovate further, and strengthen our position as a leader in the renewable energy sector.”
The loan to Decentral Energy aligns with Futuregrowth’s commitment to financing impactful and sustainable infrastructure projects that support South Africa’s economic and energy security goals.
Decentral Energy plays a key role in South Africa's rapidly evolving energy landscape by offering risk-free fully financed solutions tailored to commercial, industrial and community residential markets. The company remains committed to providing businesses and communities with stable, cost-effective and environmentally responsible power solutions.
