EV charging firm Fastned sells €150m of stock

By Aidan Gregory
26 Feb 2021

Fastned, the Dutch operator of charging stations for electric cars, has raised €150m to finance an expansion of its network across Europe, at the end of a wild week for tech and green energy stocks.

The Amsterdam-based company sold 1.87m new shares, a 12.5% capital increase, via an accelerated bookbuild on Thursday evening. At the €80 offer price, investors received a 13.5% discount to the close on the day.

A source close to the transaction said the books were covered inside 45 ...

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