Fastned - French peer entering Dutch market
• French leader in fast charging Electra will enter the Netherlands with a goal of 100 stations by 2030• The company has plenty of firepower following its EUR 300m capital raise in January• No impact just yet as they need to secure locations and concessions but negative for sentiment nonetheless. Moreover, it will increase competition for Fastned in the medium term in the NetherlandsFastned BV is a company based in the Netherlands that owns and develops charging stations. The Company offers charging solutions to electric transportation through solar and wind energy. It serves customers in Europe.
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