Wallbox (WBX) Announces $45M Strategic Investment

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Go back to Wallbox (WBX) Announces $45M Strategic Investment

Wallbox Announces $45 Million Strategic Investment

July 31, 2024 6:01 AM EDT

The investment is led by Generac Power Systems and includes existing Wallbox shareholders

BARCELONA, Spain--(BUSINESS WIRE)-- Wallbox (NYSE: WBX), a global leader in smart electric vehicle (EV) charging and energy management solutions announced that it had received a $45 million investment, which includes $35 million from lead investor, Generac Power Systems, Inc. (NYSE: GNRC), a leading global designer and manufacturer of energy technology solutions and other power products. The strategic investment reinforces the partnership with Generac and highlights Wallboxs strong position in the... More