Wallbox Announces Investment Of Approx. $10 Mln - Quick Facts

(RTTNews) - Wallbox (WBX) announced an investment of approximately $10 million. Investors include Inversiones Financieras Perseo, Orilla Asset Management, and Enric Asuncin, CEO and Co-Founder. The company said the investment strengthens Wallbox's balance sheet and provides the necessary capital to support the worldwide sales of its EV chargers.

"We believe this investment will strengthen Wallbox's cash position to execute the company's business plan, reinforcing its commitment to accelerate the global shift toward clean energy and sustainable mobility", said David Mesonero, Global Head of Corporate Development, Strategic Partnerships and M&A of Iberdrola.