Dutch fast-charging provider Fastned has secured up to 200 million euros ($218 million) in new bank financing to accelerate the rollout of its electric vehicle charging network across Europe, with initial investments focused on Belgium and Switzerland.
Fastned said the new financing framework includes 100 million euros in committed capital available over the next three years, with an option to increase the facility by a further 100 million euros to support expansion into additional markets. The funding is provided by a European banking consortium that includes ABN AMRO, Crédit Agricole, ING, Invest-NL and Rabobank.
See also: Fastned Lifts Revenue per Site by 25% in 2025 as Network Expands Across Europe
“The facility will support the rollout of Fastned stations, expansions and capacity upgrades to existing locations (including further rollout of Fastned retail facilities) and the acquisition of new locations for development,” the company said.
The bank credit facility represents the third pillar of Fastned’s financing structure, alongside its retail bond programme and its listing on Euronext Amsterdam. Fastned said the structure is designed to provide greater flexibility in funding growth as it works toward a target of 1,000 charging locations by 2030.
See also: Fastned Passes 400 Fast-Charging Sites as European Network Expansion Accelerates
The loans are initially structured on a non-recourse basis to Fastned B.V. and are linked only to the Belgian and Swiss operations. The facility has a five-year tenor, with capital available for three years, and carries an interest rate below that of the company’s retail bonds, Fastned said.
Founded in 2012, Fastned operates more than 400 fast-charging locations across nine European countries and added 60 new sites in 2025. In a fourth-quarter trading update, the company said average revenue per site rose 25% year-on-year to about 335,000 euros. Full-year results for 2025 are due to be published on March 19, 2026.
See also: Fastned Expands Ultra-Rapid Charging Network In North East England With Two New Hubs
“The equity platform and the retail bond programme have each raised over 250 million euro in growth capital to date, and this new bank funding platform will allow for amounts beyond that,” said Victor van Dijk, adding that the scale of the European bank lending market could support Fastned’s expansion plans for years.
Chief Executive Michiel Langezaal said the move marks a shift toward institutional lending after more than a decade of growth funded mainly by retail investors. “This earned us the freedom to pick the right moment to access institutional lending, with the right partners, on the right terms. That moment has now arrived,” he said.
