Fastned to raise up to €200 million from leading banks to fund network rollout
- Green loan facility of initial €100m in committed capital securing new charging stations in Belgium and Switzerland, with additional €100m option for expansion to other Fastned markets.
- European lending syndicate of ABN AMRO, CreditAgricole, ING, Invest-NL and Rabobank to support rollout of essential infrastructure as EV numbers continue to rise rapidly.
- Third pillar of financing, alongside Fastned’s retail bond programme and equity listing, increases flexibility and security of funding as Fastned builds towards 1000 stations by 2030.
Today, Fastned, a leading European fast‑charging company, has secured up to €200 million in new green financing from ABN AMRO, CreditAgricole, ING, Invest-NL and Rabobank to accelerate the expansion of its network of fast charging stations across Europe.
This new green loan facility consists of an initial €100 million of committed capital to fund station rollout in Belgium and Switzerland over the next three years.
In addition, there is an uncommitted accordion option of an extra €100 million for expansion to other countries. 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 finance structure is initially based on Belgium and Switzerland only, on a non-recourse basis to Fastned B.V. The tenor of the loan is 5 years with 3-year availability and an interest rate somewhat lower than the retail bonds.
The facility marks the start of a funding platform that can be expanded internationally as well as within the existing countries, supporting the company’s growth ambitions in 2026 and beyond. By doing so it strengthens Fastned’s position as a leading European charging company.
Secure foundations for Fastned’s European network
This facility represents a third pillar of financing for Fastned, alongside its ongoing retail bond programme and its equity listing on Euronext Amsterdam. Adding long‑term bank financing as a third pillar allows Fastned to further diversify its funding. Gaining access to this deep and well-established debt market increases flexibility in how growth is financed across Fastned’s fast-growing international network.
Since its founding in 2012, Fastned has raised over €740 million in total funding (including retail bonds), making it one of the best-funded charging companies in Europe.
The transaction is supported by consistently high utilisation levels at Fastned stations and industry-leading financial performance (full details for 2025 will be published in Fastned’s Annual Report on 19 March 2026). Operational performance is driven by Fastned’s unique focus on high traffic locations only, where large stations can charge hundreds of cars per day with Fastned’s best-in-class charging concept.
Fastned’s network now extends to over 400 charging stations across nine European countries, with charging-related revenue growth of over 40% year-on-year. Fastned’s recent Q4 Update reported 54.8 GWh of energy sold across more than 2 million charging sessions in Q4 2025; new records for the company, alongside the all-time quarterly high in revenue related to charging.
Alongside global banks ABN AMRO Bank N.V., Coöperatieve Rabobank U.A., Crédit Agricole Corporate and Investment Bank, ING Bank N.V. and Invest-NL Capital N.V., the transaction was supported by ING Debt & Capital Advisory acting as Fastned’s exclusive financial advisor. A&O Shearman acted as legal advisor to the borrower and Clifford Chance acted as legal advisor to the lenders.
I am very excited that we’ve now added an important third funding pillar to finance the growth of our network. 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.
Bank financing is a multi-billion euro market with dozens of banks active across Europe, meaning the size potential of this programme is more than sufficient to meet Fastned’s needs for years to come.
It’s incredibly energising to see leading banks commit up to €200 million in financing for Fastned. It marks a defining moment for the company and a powerful endorsement of its strategy, giving us a real boost and creating scalable funding that can grow with Fastned as we expand internationally, supporting our ambitions to build 1,000 stations by 2030. This further strengthens our position as one of Europe’s leading ultra‑rapid charging companies.
I’m hugely proud of what we have achieved to reach this point and excited about where we are going. Our focus in the UK for 2026 is simple and unwavering. We’re not just rolling out ultra‑rapid EV charging stations; we’re helping shape the future of UK EV adoption.
By making charging reliable, intuitive and genuinely enjoyable and continuing to put drivers at the heart of everything we do, from our iconic yellow solar canopies to ultra-rapid chargers in premium locations. Our expanding network will one day enable EV drivers to access charging wherever and whenever they need it, helping to power the UK’s transition to fair and accessible zero‑emission mobility.
About Fastned
Fastned's mission is to accelerate the transition to electric mobility. Since 2012, we have been at the forefront of developing charging infrastructure in Europe, building and operating a rapidly growing network of iconic fast-charging stations. Our yellow stations, inspired by nature, offer a welcoming environment for drivers during the 10 to 15 minutes needed to charge up to 300 km of range. By offering the most reliable, convenient, and pleasant charging experience in Europe, we aim to encourage millions of people to drive on solar and wind power so that together, we can curb climate change. Fastned is listed on Euronext Amsterdam (AMS: FAST) and is a certified B Corp.