Fastned, the Amsterdam-based fast-charging operator, has closed out 2026 with its largest year of retail bond fundraising so far. The company said on Nov. 3, 2026 that its third and final bond issue of the year brought in EUR 27 million in new money from retail investors in the Netherlands and Belgium. That takes new bond investment for 2026 to EUR 92 million, compared with EUR 79 million in 2025.

The money arrives while Fastned has 70 stations under construction. The company describes that as almost double the number it had a year earlier.

The numbers

All figures below come from Fastned's Nov. 3 release unless another source is named.

  • Final 2026 issue: EUR 27 million in new investment from thousands of retail investors in the Netherlands and Belgium, plus EUR 1.2 million from existing bondholders who extended their investments from earlier tranches.
  • Subscription window: opened Sept. 22, 2026, and closed Friday, Oct. 30, 2026.
  • 2026 total: EUR 92 million in new bond investment, which Fastned calls the highest annual amount to date, against EUR 79 million in 2025. That is EUR 13 million (about 16%) more than last year.
  • Issue count: this was the 22nd issue in Fastned's bond programme.
  • Outstanding retail bonds: EUR 364 million in total, according to the release.
  • Refinancing: the release says EUR 45 million of bonds has been repaid and EUR 82 million extended by investors before maturity.
  • Cumulative total: including this issue, more than EUR 400 million has been invested in Fastned bonds by over 13,000 individual investors.

How the program fits Fastned's financing

Fastned has raised money this way for years: it sells bonds directly to individual investors in the Netherlands and Belgium. Fastned's Sept. 22 release said the first 2026 issue raised EUR 32.4 million and the second EUR 36.5 million, and that investors contributed more than EUR 110 million across three rounds in 2025. The terms, risks, costs and fiscal treatment are set out in the prospectus on Fastned's website; none of the sources read for this article gives a coupon rate for this tranche, so ChargerFeed is not reporting one. This article describes the financing and is not investment advice.

The repaid and extended figures show how the program recycles capital. According to the release, EUR 82 million of bonds has been extended by investors before maturity, and EUR 1.2 million of this issue came from existing investors extending earlier tranches. That is a small part of the issue, set against EUR 27 million in new money.

Fastned said the funds will support its continued expansion and let it increase the pace of construction. In the release, CEO and co-founder Michiel Langezaal thanked retail investors and said their investments give the company the resources to keep building its network and opening new fast-charging stations.

What the money is building

As of the Nov. 3 release, Fastned's network comprises 452 fast-charging stations across nine European countries. It has built 46 new stations in 2026, and 70 are currently under construction. MobilityEnergy.com reported the same counts on Nov. 3.

Fastned's Sept. 22 release, which opened the bond issue, gave an earlier snapshot. It listed over 440 stations in nine countries, over 180 in the Netherlands and over 50 in Belgium. That release named Gentbrugge as the largest Fastned location to date and a newly opened location near the Euro Space Center in Wallonia. It said Fastned had opened 40 new locations so far in 2026 as of that date, and that at the end of the first half of 2026 it had 35 sites secured for future development in Belgium and 38 in the Netherlands.

The stages differ. The 452 stations are operating. The 70 are under construction and not yet open. The 73 secured Belgian and Dutch sites from the first-half pipeline are sites Fastned has secured for future development, which is not the same as a station being built or opened. The sources do not say how many of the 70 will open before year-end.

The operating backdrop

Fastned's Q3 2026 update is the context for this raise. The Nov. 3 release says the company reported like-for-like charging-related revenue growth of 47% year on year to EUR 46.3 million, and gross profit up 44% year on year to EUR 37 million. Reported charging-related revenue was EUR 51.3 million, which includes a EUR 5.1 million carryover impact from the Dutch e-credits platform. MobilityEnergy.com describes that item as a pass-through effect. The like-for-like figure excludes that carryover, which is why it is lower than the reported number.

The Sept. 22 release also summarized the first-half 2026 update of Aug. 13: operational EBITDA of EUR 37.4 million against EUR 17.9 million a year earlier, 4.1 million charging sessions, and 28 new locations opened to drivers in the first half. Fastned is listed on Euronext Amsterdam under the ticker FAST.

What It Means for Drivers

The bond itself does not open any chargers or change access to the network. According to Fastned, it funds continued expansion and construction. In practice, as of Nov. 3, 2026:

  • Where you can charge today: at Fastned's 452 operating stations in nine European countries. As of Sept. 22, the company listed over 180 in the Netherlands and over 50 in Belgium.
  • What is coming: 70 stations under construction. The sources do not give opening dates or a full list of locations.
  • Recent openings: the Sept. 22 release cites Gentbrugge in Belgium, the company's largest location to date, and a newly opened location near the Euro Space Center in Wallonia.
  • Longer horizon: 35 secured sites in Belgium and 38 in the Netherlands as of the end of the first half of 2026. These are pipeline sites, not stations under construction.
  • Pricing: none of the sources reports any change to Fastned's charging prices or membership terms in connection with the bond.

For drivers, the practical takeaway is that new stations are being built now, but the sources give no opening dates. Check Fastned's own station map for opening status before planning a route around a new site.

Sources