The loan will be used to build 400 MW of a portfolio of wind and photovoltaic projects in various locations in Italy. These will be Iberdrola’s first renewable plants in ItalyThe projects will make a significant contribution to Italy’s security of ene

Wallbox, the Barcelona-based electric vehicle charging systems company, has closed a debt restructuring agreement worth €169.5 million with creditors representing over 83% of its financial debt. The deal includes a capital increase that will bring the Generalitat of Catalonia in as a shareholder. The agreement, pending judicial approval and scheduled for signing on 8 April, restructures existing debt into a €57.6 million framework loan and a €69.1 million bullet instrument, both maturing in December 2030. A working capital agreement of approximately €42.8 million was also reached. The restructuring includes a €10.65 million capital increase, with strategic shareholders contributing €5.65 million and the Generalitat adding €5 million. Participating banks will provide €12.5 million in new financing. CEO Enric Asunción said the agreement strengthens Wallbox's financial position.

ScottishPower, through its parent company Iberdrola, has secured £600 million in financing from the National Wealth Fund to support the development of the Eastern Green Link 4 project, a strategic electricity interconnector that will strengthen the UK's energy security and self-sufficiency, while helping to meet its