Fastned raises €23 million to finance further growth

Fastned, the European fast charging company, has raised nearly €23 million with the issue of new bonds. In addition, investors have extended over €7 million worth of investments from earlier issues, bringing the total issued amount in this round to nearly €30 million. All newly issued bonds will mature in December 2026. 

From 10 May to 12 June, investors could subscribe to the bonds with 5% interest and a maturity of 4.5 years. Holders of Fastned bonds bought before April 2019 could extend their investment by exchanging those bonds for bonds in the new issue. Including earlier extensions this has reduced the repayment obligation for Fastned in 2022 by nearly €10 million. 

"I'm delighted to again see so much interest from investors in sustainable infrastructure. This bond issue allows us to continue to invest in the expansion of our Europe-wide network, bringing more freedom to electric drivers. Electric vehicle sales are hitting all-time highs and on top of that, EU lawmakers last week voted to support a proposed ban on the sale of new petrol and diesel cars from 2035. This will further speed up the shift to electric mobility across the continent."

Michiel Langezaal, CEO Fastned
About Fastned

Die Mission von Fastned ist es, den Fahrerinnen und Fahrern von Elektrofahrzeugen Freiheit zu geben und den Übergang zum elektrischen Fahren zu beschleunigen. Aus diesem Grund baut Fastned ein europäisches Netzwerk von tausend Schnellladestationen auf. Hier können Fahrerinnen und Fahrern von Elektrofahrzeugen mit Strom aus Sonne und Wind in 15 Minuten eine Reichweite von bis zu 300 km erzielen. Fastned verfügt 116 Schnellladestationen in den Niederlanden, Deutschland und dem Vereinigten Königreich. Alle Stationen sind 24/7 für die Öffentlichkeit zugänglich. Fastned ist an der Euronext Amsterdam gelistet (Ticker AMS: FAST). Weitere Informationen: