Amsterdam's Fastned has completed another bond issue to support the expansion of its fast-charging network across Europe.
Amsterdam-based Fastned, a fast-charging network operator, has secured more than €39M through its third bond issue of 2025. The company stated that this is the highest amount it has raised in a single bond issuance to date.
Funds from the issue will be used to expand Fastned's charging network in existing and new markets. The company aims to strengthen its position as electric vehicle adoption increases across Europe.
Fastned has raised more than €39M in its third bond issue of 2025, following earlier rounds this year that secured €36.5M and €34.7M respectively.
With this latest tranche, the company has attracted approximately €110M through its retail bond programme in 2025, compared with around €82M raised across three rounds in 2024.
The third issue, which closed on 30th October, marked the 19th tranche in Fastned's ongoing bond programme. Of the total raised, €29.5M came from new investors, while more than €9.5M came from existing participants who extended previous investments.
This latest round brings the total outstanding amount of retail bonds to over €279M.
So far, Fastned has repaid €37M worth of bonds, while investors have extended around €74M prior to maturity, reflecting continued engagement with the company's financing efforts.
Fastned's Q3 2025 update reported a 44 per cent year-over-year rise in quarterly revenue to €31.5M, driven by growth in electricity delivered and the total number of charging sessions.
Gross profit for the quarter reached €25.4M as the company continued to expand its network of charging stations. During the quarter, Fastned opened its first stations in Spain and introduced an all-electric rest area in Gentbrugge, Belgium.
Michiel Langezaal, co-founder and CEO of Fastned, says, "I'm delighted with another successful bond issue to close this year."
"Alongside thousands of new investors who have joined us on this transition, I'm extra proud about the many satisfied lenders who have extended with us and are continuing to enjoy returns of 6 per cent per year - showing that Fastned is delivering on our promises to our most loyal supporters while continuing to grow our network all over Europe."
Founded in 2012 by Michiel Langezaal and Bart Lubbers, Fastned operates a network of fast-charging stations for electric vehicles across Europe. The company focuses on supporting the transition to electric mobility by building and maintaining charging sites along major routes and in urban areas.
Each Fastned station allows drivers to charge up to 300 kilometres of range in about 10 to 15 minutes. The company's network runs on renewable energy from solar and wind sources, supporting the broader shift toward cleaner transport.
Fastned aims to make charging accessible to a growing number of electric vehicle users and to promote the use of sustainable energy in road transport. The company is listed on Euronext Amsterdam under the ticker symbol AMS: FAST and holds B Corp certification.