SCHEDULE 13G/A: Iberdrola Group Maintains Significant 8.6% Stake in Wallbox N.V. Following Recent Private Placement

Iberdrola, S.A. and its subsidiaries have filed an amended Schedule 13G, confirming their continued beneficial ownership of 8.6% of Wallbox N.V.'s Class A ordinary shares.

Summary

• Iberdrola, S.A., Iberdrola Participaciones, S.A.U., and Inversiones Financieras Perseo, S.L.U. (collectively, the 'Reporting Persons') have filed an Amendment No. 3 to Schedule 13G regarding their beneficial ownership in Wallbox N.V.
• The Reporting Persons collectively beneficially own 22,838,678 Class A ordinary shares of Wallbox N.V.
• This ownership represents 8.6% of the Class A ordinary shares outstanding.
• The percentage is calculated based on 237,362,279 Class A ordinary shares outstanding as of December 31, 2024, and an additional 26,707,142 Class A ordinary shares issued in a private placement that closed on February 21, 2025.
• The Reporting Persons hold shared voting power and shared dispositive power over all 22,838,678 shares.
• The filing indicates that the Reporting Persons are a 'Group' for the purpose of this filing.

Sentiment

Score: 6

Explanation: The document is a routine regulatory filing updating beneficial ownership. The continued significant stake by a major entity like Iberdrola, especially after a recent private placement, can be viewed as a neutral to slightly positive signal of ongoing commitment, rather than a negative one.

Positives

• The continued significant ownership stake of 8.6% by Iberdrola and its subsidiaries may signal ongoing strategic interest and confidence in Wallbox N.V.

Future Outlook

This Schedule 13G/A filing is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance regarding Wallbox N.V.'s future operations or financial performance.

Industry Context

This filing reflects a significant ownership stake by a major Spanish multinational electric utility company (Iberdrola) in a global provider of electric vehicle charging solutions (Wallbox N.V.). This aligns with broader industry trends of traditional energy companies investing in and partnering with EV infrastructure providers as part of the global energy transition and decarbonization efforts.

Stakeholder Impact

• Shareholders: Provides updated information on a significant institutional ownership stake, clarifying the capital structure and a major investor's position.

Key Dates

Keywords

Wallbox N.V., Iberdrola, SEC Filing, Schedule 13G/A, Ownership Disclosure, Class A Ordinary Shares, Beneficial Ownership, Electric Vehicle Charging, EV Charging, Energy Transition