Fastned raises more than €30 million in new bonds to further grow its network across Europe

Fastned, the European fast charging company, has raised €30.4 million with the issue of new bonds. In addition, investors have extended €3.5 million worth of investments from earlier issues, bringing the total issued amount in this round to €33.9 million. The bonds have a 6% coupon and a 5-year maturity. This 13th round in the bond programme, brings the total outstanding amount of investments raised with retail investors, to more than €163 million.

‘‘We are proud that investors increasingly see Fastned as an attractive investment and want to support our mission. Our growing investor community plays a key role in supporting Fastned’s network expansion as we continue winning long-term tenders and high-traffic locations across Europe. Every new station built gets us closer to our goal of one thousand stations by 2030, actively helping to curb climate change.” Victor van Dijk, CFO Fastned.