Fastned secures multi-million-euro financing framework for further expansion
Fastned has secured a new financing framework that includes €100 million in committed capital over the next three years to fund the expansion of its charging stations in Belgium and Switzerland, as announced by the company. The framework also includes an option for an additional €100 million to support expansion into other countries. The funds are provided by a European banking consortium comprising ABN AMRO, Crédit Agricole, ING, Invest-NL, and Rabobank.
“The facility will support the rollout of Fastned stations, expansions and capacity upgrades to existing locations (including further rollout of Fastned retail facilities) and the acquisition of new locations for development,” the company stated. This bank credit facility represents the third pillar of Fastned’s financing strategy, alongside its retail bond programme and its listing on Euronext Amsterdam. Through this structure, Fastned aims to ‘flexibility in how growth is financed’ as it works towards its goal of 1,000 locations by 2030.
“The finance structure is initially based on Belgium and Switzerland only, on a non-recourse basis to Fastned B.V. The tenor of the loan is 5 years with 3-year availability and an interest rate somewhat lower than the retail bonds,” the company explained.
Founded in 2012, Fastned currently operates over 400 charging locations across nine European countries. In 2025, it added 60 new sites. In a brief update on the fourth quarter, the company reported that revenue per site had increased to an average of €335,000—an increase of 25 per cent. The full 2025 figures will be published in Fastned’s annual report on 19 March 2026.
“The equity platform and the retail bond programme have each raised over 250 million euro in growth capital to date, and this new bank funding platform will allow for amounts beyond that,” said Victor van Dijk, CFO of Fastned. “Bank financing is a multi-billion euro market with dozens of banks active across Europe, meaning the size potential of this programme is more than sufficient to meet Fastned’s needs for years to come.”
“For over a decade, our strong business model and the support of our retail bond investors enabled Fastned to build a leading concept and start scaling it ahead of the market. This earned us the freedom to pick the right moment to access institutional lending, with the right partners, on the right terms. That moment has now arrived,” added Michiel Langezaal, co-founder and CEO of Fastned. “We’ve set high ambitions to scale Fastned, and I’ve never been more confident we can achieve them.”
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