Fastned, a leading European charge-point operator (CPO), has secured up to €200 million in new green financing from ABN AMRO, Crédit Agricole, ING, Invest-NL and Rabobank, the company announced Jan. 23.
Fastned said it plans to use the newly raised funds to accelerate the expansion of its fast-charging station network across Europe.
According to the CPO, the new green financing framework initially includes €100 million in committed capital over the next three years to finance the expansion of electric vehicle charging infrastructure in Belgium and Switzerland.
In addition, there is a potential "accordion" option for an additional €100 million for expanding its charging network to other EU countries.
“The new financing framework is intended to fund new Fastned [EV charging] stations, the expansion and capacity increase of existing locations (including further development of the retail offering), and the acquisition of new locations for project development,” the company said in a statement.
With the newly raised loan, Fastned is utilizing a third source of financing in addition to its ongoing retail bond program and its share listing on Euronext Amsterdam. By securing long-term bank financing, the company is further diversifying its funding sources. It said that getting access to this established and liquid debt market increases flexibility in financing its rapidly growing international network.
Founded in 2012, Fastned has raised more than €740 million in financing, including funds from retail bonds, making it one of the best-funded EV charging solutions providers in Europe.
Fastned's charging network now comprises more than 400 EV charging stations in nine European countries, with charging-related revenue growing by more than 40% annually.
In its latest fourth-quarter update, Fastned reported 54.8 GWh of energy delivered across more than 2 million charging sessions in the fourth quarter of 2025.
“I am delighted that we have now added an important third pillar of financing to fund the growth of our network. The equity platform and the retail bond program have each raised more than €250 million in growth capital, and this new bank financing platform will enable financing volumes that exceed those. Bank financing is a multibillion-euro market, with dozens of banks operating across Europe. This means that the potential of this program is more than sufficient to meet Fastned's financing needs for many years to come,” said Victor van Dijk, CFO of Fastned.
