Fastned raises 150 million euros to build charging stations

The Dutch company Fastned has completed a major fundraising to accelerate the deployment of its terminals. With a fundraising of 150 million euros, the company will strengthen the capacity of its terminals. But the objective is obviously to develop its network by building other charging stations.

Fastned raised significant funds to deploy new terminals and strengthen its capacity. The Dutch company thus wishes to strengthen its presence in Europe. This will be done through 164 new stations and by increasing the number of terminals on the current sites.

“This fundraising allows Fastned to significantly accelerate its expansion plans”, welcomes Michiel Langezaal, CEO of the company. “This allows us to build more fast charging stations in several countries. We will thus continue our mission to accelerate the transition to sustainable mobility by giving freedom to electric car drivers. “

“In addition, this transaction has attracted strong investors to Fastned’s shareholder base. This substantially increases the number of certificates traded on Euronext Amsterdam ”, he continued. The company has put 1,875,000 shares on the market, representing 12.5% ​​of Fastned’s capital.

Fastned formalized its arrival on French highways in November 2020, but is widely established in Europe. In total, the terminal operator has 133 stations in Europe as well as in the United Kingdom. It has also set up in the largest station in Europe, in Germany, where it operates eight 300 kW ultra-fast charging stations.


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