Fastned acquired new funding to extend its charging network for electric vehicles. Image source: Shutterstock (#444825748)
Fastned, the Netherlands-based electric vehicle fast-charging station network has recently raised €7.7 million via the public issue of bonds doubling the amount of original issue. More than 600 investors participated in the process. According to information from the company,”The proceeds of this issue will be used to further expand the network of fast-charging stations in the Netherlands and in the rest of Europe. Subscriptions to the issue was possible from Tuesday, May 23, 07:30hrs to Tuesday, June 6, 16:00hrs. 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 Fastned said,”In every investment round, we see more and more people who invest bigger and bigger sums of money to support the sustainable mission of Fastned. These investors show true leadership in the required energy transition as set out in the Paris Climate Agreement. Together we build the green service stations of the future.”
Clean Technica
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