Europe now has over 10 million fully electric cars, but expanding the charging network quickly requires significant capital, especially given the unpredictability of energy markets.
Fastned answers this demand with its well-known yellow fast-charging stations, which provide up to 300 km of range in just 10 to 15 minutes across 9 countries and 410 locations. These stations use solar and wind power to ensure clean and reliable charging.
The latest €32.4 million bond, which closed on March 10, 2026, includes €30 million in new investments and €2.4 million in extensions. This brings the total outstanding retail bonds to €301 million, with €45 million already repaid and €79 million extended.
In Q4 2025, Fastned generated €38.1 million in revenue, a 44% increase from the previous year, delivering 54.8 GWh of energy across 2 million charging sessions.
This is supported by a €200 million bank facility from ABN AMRO, Crédit Agricole, ING, Invest-NL, and Rabobank, which helps fund growth in Belgium and Switzerland.
Accelerating the EV transition by building Europe’s best charging network
Fastned was founded in 2012 by Michiel Langezaal and Bart Lubbers in response to the slow development of EV infrastructure. Langezaal, a serial entrepreneur, saw the need for reliable, easy-to-use fast charging to help advance electric mobility.
Fastned’s mission is to speed up the EV transition by building Europe’s best charging network. Their vision is to power millions of EVs affordably using renewable energy to help fight climate change.
Fastned’s stations prioritise user experience through nature-inspired design and retail amenities, offering high-power DC fast charging up to 300 kW. Key strengths include a retail-investor model (20 tranches, €301 million in bonds), a focus on renewables, and a pan-European presence across 9 countries.
Unlike Ionity and Tesla Supercharger, which focus on specific car makers, or Allego, which offers broad infrastructure, Fastned focuses on independent, premium stations that serve all EVs, balancing profit with sustainability.
What’s next?
The funds raised will help Fastned accelerate its network expansion to reach 1,000 stations by 2030. They will use the money for site acquisitions, upgrades, and the expansion of retail offerings. The bank facility supports growth in Belgium and Switzerland, while the company is also looking at opportunities in Denmark and Italy.
The ongoing bond program keeps retail investors engaged as the EV market continues to grow.
