Fastned has announced a new bond issuance in the Netherlands and Belgium as the Dutch fast-charging network operator looks to co-finance the capital-intensive expansion of its electric vehicle charging infrastructure across Europe.
The move follows three bond rounds in 2024 and 2025, which together raised €192 million, the company said. To date, Fastned has repaid €45 million in bonds, while investors have agreed to extend €77 million worth of bonds beyond their original maturity.
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Founded in 2012, Fastned operates more than 400 fast-charging stations across nine European countries. The company added 60 new locations in 2025 and reported a rise in average revenue per station to €335,000 in the fourth quarter, an increase of 25% year-on-year. Full-year results are due to be published in its annual report on March 19, 2026.
Fastned has set a target of operating 1,000 charging stations by 2030. To support that goal, it secured up to €200 million in bank financing in January through a new framework that includes €100 million in committed capital over the next three years for expansion in Belgium and Switzerland, with an option for a further €100 million to support growth in additional markets.
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The financing was arranged with a European banking consortium including ABN AMRO, Crédit Agricole, ING, Invest-NL and Rabobank.
“The new financing framework will fund new Fastned stations, the expansion and capacity upgrades of existing sites (including further development of the retail offering), as well as the acquisition of new sites for project development,” the company said in a statement in January.
Fastned said the bank credit facility represents a third pillar of funding alongside its retail bond programme and its listing on Euronext Amsterdam. The diversified approach is intended to strengthen financial flexibility and provide greater security as the company accelerates its rollout of high-power charging infrastructure across Europe.