Amsterdam, The Netherlands,

Fastned issues new 4.5-year bonds with 5% interest

Amsterdam, November 29 2022 - Fastned, the European fast charging company, today opened subscription to a new bond issue. Proceeds of the 4.5-year bonds, which pay out 5% interest per year will be used to finance further expansion of Fastned’s fast charging network and general corporate purposes. 

The new bonds are €1,000 each. Holders of Fastned bonds bought before April 2019 can exchange those bonds for new bonds. Subscription to the bond issue starts today via the Fastned website and ends at 12:00 p.m. CET on 21 December 2022. More information can be found in the prospectus, which is available here

Fastned has ten years of experience in the market of fast charging electric vehicles. It has a rapidly expanding network of 220+ fast charging stations in the Netherlands, Germany, the UK, Belgium, Switzerland and France. With many construction works underway, Fastned expects the number of stations to increase rapidly in the coming weeks. 

In October 2022, Schroders Capital’s infrastructure fund made a 75 million euro strategic equity investment in the company, which will accelerate Fastned’s future growth and contribute to reaching the target of more than 400 stations before the end of 2024.

About Fastned

Fastned is a charging company that is building a European network of fast charging stations. The stations are located at high traffic locations along highways and in cities, where electric cars can add up to 300 km range in 20 minutes. Fastned's mission is to give freedom to electric drivers and accelerate the transition to sustainable mobility. As of today, Fastned has more than 220 stations operational in the Netherlands, Germany, the United Kingdom, Belgium, France and Switzerland and is working on expanding its fast charging network to the rest of Europe. Fastned is listed on Euronext Amsterdam (ticker AMS:FAST). More information: