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.


About Fastned

Fastned has been developing fast charging infrastructure for electric vehicles across Europe since 2012. Fastned’s mission is to accelerate the transition to sustainable mobility by giving freedom to electric drivers. Founded in Amsterdam, the company has built more than 280 fast charging stations in the Netherlands, Germany, United Kingdom, Belgium, France and Switzerland. It will open its first station in Denmark by the end of 2023 and its first station in Italy by the end of 2024. The company specialises in developing and operating fast charging infrastructure where drivers can charge their electric vehicle with up to 300 km of range in 15 minutes before continuing their journey. Fastned is listed on Euronext Amsterdam (ticker AMS: FAST).