Fastned, which aims to build an extensive European network of fast-charging stations, has raised more than €11 million via the issue of bonds. The proceeds of the issue will be used to facilitate further growth and to expand the network in the Netherlands, Germany, Belgium, and the United Kingdom.
Subscription to the issue of bonds was possible from Thursday, October 11 up to Tuesday, October 30. The bonds pay out 6% interest per annum and have a maturity of 5 years. The interest is paid quarterly in arrears.
Bart Lubbers, co-founder of Fastned: “More than 5,000 people have now invested in Fastned. These people believe in our mission and in our company. They see that the growth of electric mobility is accelerating. Where our stations used to get only a few visitors per day, we now see multiple cars charging at the same time. Our best station already attracts more than 100 visitors a day! This is just the beginning and people are seeing that.”