Fastned announced that it has raised €32.4 million through a new retail bond issue, attracting thousands of individual investors in the Netherlands and Belgium as the company continues to expand its electric vehicle fast-charging network across Europe.
The funding will support the company’s accelerated network rollout as adoption of electric vehicles continues to grow rapidly across the region. Europe now has more than 10 million fully electric cars on the road, increasing demand for reliable high-speed charging infrastructure.
Fastned currently operates a network of 410 fast-charging stations spanning nine countries across Europe. The company said the additional capital will help expand this network further as EV usage continues rising.
The bond sale represents the 20th tranche in Fastned’s retail bond program. Of the €32.4 million raised in this round, €30 million came from new investments, while more than €2 million came from existing investors extending their previous bond investments.
The latest tranche brings the total outstanding value of Fastned’s retail bonds to more than €301 million. To date, the company has repaid €45 million worth of bonds and investors have extended €79 million worth of bonds prior to maturity, demonstrating continued investor support for the company’s expansion strategy.
Fastned has also secured a separate bank financing facility of up to €200 million from a syndicate of lenders, including ABN AMRO, Credit Agricole, ING, Invest-NL, and Rabobank. The financing is intended to support the company’s network rollout, initially focusing on expansion in Belgium and Switzerland.
The company reported strong operational momentum in recent financial results, including €38.1 million in revenue from charging activities in the fourth quarter of 2025, representing a 44 percent year-over-year increase. During the quarter, drivers used the network for more than 2 million charging sessions, delivering 54.8 GWh of energy.
Founded in 2012, Fastned develops and operates fast-charging stations that recharge electric vehicles in 10 to 15 minutes, providing up to 300 kilometers of driving range. The company is listed on Euronext Amsterdam under the ticker FAST and is a certified B Corp focused on accelerating the transition to electric mobility.
KEY QUOTES
“I’m delighted to see that so many investors continue to join us on our mission to accelerate the transition to electric mobility. As global energy markets become increasingly uncertain and unstable, it’s clearer than ever that Europe’s future requires a cleaner, safer and more dependable transport infrastructure. Together with our valued retail bondholders, Fastned is building and operating that infrastructure: ready to power millions of electric cars, reliably and affordably, for years to come.”
Michiel Langezaal, Co-founder And CEO Of Fastned
