I have a number of customers who operate mixed fleets of engines, mostly in Landfill and Digester fueled applications that as the DECS 63-15 have failed they have been replaced with DECS 125-15 with no operational problems. With a lower input power the DECS just won't output the rated output voltage. They only we do is readjust the OEL and UEL settings to reflect the lower voltage excitation system.
I would suggest if you are going to do a load bank test and can fully check the unit out, go ahead and use the DECS 125-15 and see if it will meet your needs, I am pretty sure you will find it will work just fine. If you don't want to do a full blown retrofit you might see if you can find a DECS 63-15, as it is the same physical size and uses the same power supply module.
I am retrofitting a site next weekend that has two DECS 63-15 regulators that we are replacing with DECS 250N regulators as part of an upgrade project, I think the end user will likely put them on eBay after the conversion work is complete, and I see (and buy them) on eBay once in a while.
If you have a critical type system you may want to consider retrofitting to a newer AVR, as the current Basler replacement is larger and usually doesn't fit in the same place as the original, and wires up different. Basler will still repair the older DECS regulators IF they have the needed parts on hand, this year that has been a 50/50 proposition for me, and lead time for repair sucks.
The CAT CDVR has been a good replacement, but was originally intended to mount in a generator enclosure, but I have installed a number in switchgear with no problem. It just isn't something you want to do in a hurry. Your local CAT dealer probably has one or two CDVR's in stock, but the switchgear harness is a low volume item and usually takes some time to get.
Good Luck with your project, MikeL.