Wallbox Secures €11M as HSBC, Citibank Join Restructuring Plan
Wallbox secures €11 million interim financing as HSBC and Citibank join its restructuring plan, strengthening creditor support ahead of court approval in Barcelona.
Tripti Srivastava 
April 20, 2026: Wallbox has secured approximately €11 million in interim financing as part of its financial restructuring plan, with HSBC, Citibank joining the creditor group, according to a company statement.
Creditor Participation Expands with Global Banks
The electric vehicle charging solutions provider confirmed that HSBC and Citibank have joined the restructuring agreement alongside its primary financial creditors and shareholders. The addition of these international banks broadens institutional backing for the plan initially signed on April 8.
The company stated that the expanded participation reflects continued support from the financial sector for its restructuring strategy and long-term business model.
Following the agreement, Wallbox secured approximately €11 million in interim funding from participating banks and shareholders. The financing is intended to support short-term liquidity needs as the company progresses with the restructuring process.
This funding marks a key milestone in stabilizing the company’s financial position while it works toward implementing a revised capital structure. The interim financing is expected to provide operational continuity during the transition period.
Shareholders and Institutional Investors Participate
The restructuring plan includes participation from several strategic shareholders, including Orilla Asset Management, Inversiones Financieras Perseo (Grupo Iberdrola), AM Gestio, Consilium, Mingkiri, and Wallbox CEO Enric Asunción.
Additionally, the Generalitat de Catalunya has joined the process as a new institutional investor through IFEM, further reinforcing public sector involvement in the company’s recovery efforts.
The combined participation of banks, shareholders, and institutional investors forms a multi-stakeholder approach aimed at stabilizing the company’s financial structure.
The restructuring plan has been submitted to the Commercial Court of First Instance in Barcelona for approval. Once approved, the agreement will become legally binding on all affected creditors, enabling the company to proceed with its revised capital framework.
The court process represents a critical step in formalizing the restructuring and ensuring alignment among stakeholders. The company indicated that approval would allow it to fully execute its financial and operational plans.
Business Context and Strategy
Founded in 2015 and headquartered in Barcelona, Wallbox operates in the electric vehicle charging and energy management sector, offering solutions across residential, semi-public, and public infrastructure in more than 100 countries.
The company’s restructuring comes amid broader financial pressures in the clean technology and EV infrastructure space, where capital requirements and market competition have intensified. By securing additional creditor support and interim funding, Wallbox aims to maintain operations while repositioning its financial structure.
The company stated that the restructuring plan is designed to support long-term sustainability and execution of its business strategy, although completion remains subject to regulatory and judicial approval.
