Fastned raises another €27 million through a bond offer
Fastned has raised €27 million from private investors in Belgium and the Netherlands via a new bond offer. The company said it will use the funds to help finance the expansion of its charging network.
Dutch fast-charging provider Fastned has raised another €27 million from private investors in Belgium and the Netherlands through a new bond offer.
According to the company, the money will be used to finance the expansion of its charging network. Fastned said each new charging park requires an initial investment of nearly one million euros.
The funding comes as the company continues to expand its network of fast-charging sites.