Fastned, an Amsterdam, Netherlands-based charging infrastructure company, raised €21.9M in funding.
In addition, investors have extended €2.4M worth of investments from earlier issues, bringing the total issued amount in this round to over €24M. The bonds have a 5.5% coupon and a 5-year maturity.
The company intends to use the funds to further grow its network across Europe.
Founded in 2012, Fastned develops charging infrastructure for electric vehicles. The company specializes in developing and operating fast charging infrastructure at high traffic locations where drivers can charge their electric vehicle with up to 300 km of range in 15 minutes before continuing their journey. Fastned has built more than 260 fast charging stations in the Netherlands, Germany, United Kingdom, Belgium, France and Switzerland.
It is listed on Euronext Amsterdam (ticker AMS: FAST).
FinSMEs
17/06/2023