Wallbox N.V. (NYSE: WBX) has signed a comprehensive restructuring plan and secured €11 million in interim financing, as the company works to stabilise its financial position and support near-term operations.
The interim funding includes a €5.65 million bridge loan from existing shareholders and a €5.35 million loan from participating banks. The shareholder loan is expected to be offset against future equity commitments under a planned capital increase. The bank portion forms part of a broader financing package capped at €12.5 million. The funds are expected to be made available in the coming days.
The restructuring plan has been agreed with financial creditors representing approximately 83% of Wallbox’s total debt. It has also received backing from key shareholders and a new institutional investor. Participating lenders include Banco Santander, Banco Bilbao Vizcaya Argentaria, CaixaBank, along with other financial institutions and public entities.
Key shareholders supporting the plan include Orilla Asset Management, Inversiones Financieras Perseo (part of the Iberdrola Group), AM Gestio, Consilium, Mingkiri, and Wallbox CEO and co-founder Enric Asunción.
The company said the level of participation reflects continued support from financial and institutional stakeholders. The restructuring has been formalised under Spain’s legal framework and will be submitted for approval to a Barcelona court. Once sanctioned, it will become binding on all affected creditors.
The plan is designed to strengthen Wallbox’s capital structure and provide greater financial flexibility. It is also expected to support execution of the company’s business strategy as demand for electric vehicle charging and energy management solutions continues to grow.
