EV charging company Fastned is intending to list on Euronext Amsterdam in the first half of 2019 in support of its mission to help accelerate the transition to sustainable mobility.
Courtesy of Fastned
Fastned is currently building a European network of fast charging stations for electric vehicles (EVs). Thus far, it has completed 91 fast charging stations, of which 80 are in the Netherlands and 11 in Germany. The company is also about to open its first station in the UK. It has plans to develop others in Belgium, Switzerland and France. Fastned believes it is uniquely positioned to benefit from the mega-trend towards full electrification of mobility, supported by government incentives, large investments in EVs by car manufacturers, increasing charging speeds and battery technology advancements allied with decreasing costs.
“Fastned is a rapidly growing fast charging company in Europe” said CEO Michiel Langezaal. “With over five years of experience in building and operating a network of fast charging stations, we are well positioned to benefit from the accelerating transition to full electric vehicles.”
Fastned is currently listed on the trading platform Nxchange in te Netherlands and intends to list on Euronext Amsterdam in the first half of 2019. A listing on Euronext will create additional funding flexibility and broaden Fastned’s access to the capital markets to help implement its growth strategy.