Amsterdam,
31
October
2024
|
07:30
Europe/Amsterdam

Fastned surpasses €82 million in new bonds for 2024 after issuing over €21.5 million in new bonds during latest issue

Fastned, the European fast-charging company, has issued over €21.5 million in new bonds with a 6% coupon and a 5-year maturity. This brings the total amount invested in Fastned through new bonds to over €82 million in 2024 alone.

Of this latest issue of over €21.5 million, €4.9 million came from investors extending their investments from earlier tranches. This tranche, the 16th in Fastned’s bond programme, brings the total outstanding amount of bonds with retail investors to more than €212 million.

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We are proud that our valued investors have again placed their faith in Fastned to power Europe's transition to electric mobility and develop the charging infrastructure of the future. The number of electric cars on the roads continues to grow. As we continue to win tenders for high-value locations across Europe, our long-standing goal of establishing 1,000 fast-charging stations by 2030 is right on track. This support is crucial as we strive for the best charging experience for drivers and the continued expansion of our network, in both new and existing markets.

Michiel Langezaal, CEO and co-founder of Fastned
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About Fastned
Fastned is on a mission to accelerate the transition to electric mobility. Since 2012, we’ve been at the forefront of European charging infrastructure development, building and operating a rapidly growing network of iconic fast charging stations. Our yellow, nature inspired stations create a welcoming environment for drivers during the 10-15 minutes it takes to charge up to 300 km of range. By offering Europe’s most reliable, convenient and joyful charging experience, we aim to inspire millions to drive on solar and wind energy so that together we can curb climate change. Fastned is listed at Euronext Amsterdam (AMS: FAST) and is a certified B Corp.