---
title: "Turbo Energy Raises $3.25 Million To Scale AI-Driven Solar Storage Solutions"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/278905089.md"
description: "Turbo Energy, S.A. (NASDAQ:TURB) has announced a $3.25 million registered direct offering to fund the expansion of its AI-driven solar energy storage solutions. The company will issue 1,000,000 American Depositary Shares at $3.25 each, with the offering expected to close around March 13, 2026. Following this announcement, Turbo Energy's shares rose by 27.27% to $4.76. This move comes after a recent restructuring of bank financing to enhance financial stability and support growth in the commercial and industrial energy storage market."
datetime: "2026-03-12T14:34:52.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/278905089.md)
  - [en](https://longbridge.com/en/news/278905089.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/278905089.md)
---

# Turbo Energy Raises $3.25 Million To Scale AI-Driven Solar Storage Solutions

**Turbo Energy, S.A.** (NASDAQ:TURB) shares are up during Thursday’s premarket session. The company announced a registered direct offering of 1,000,000 American Depositary Shares at a price of $3.25 per share.

This financing aims to strengthen the company’s balance sheet. The company also aims to support the expansion of its AI-driven solar energy storage and management solutions.

Turbo Energy expects the gross proceeds from this offering to be around $3.25 million before deducting placement agent commissions and other expenses.

The company expects the offering to close on or about March 13, 2026, subject to customary closing conditions.

## Boosting Liquidity & Ensuring Financial Stability

Last month, Turbo Energy disclosed the completion of a bank financing restructuring.

In particular, the company reached agreements with **Bankinter**, **CaixaBank**, and **BBVA** to convert existing bank facilities into long-term financing of 4.87 million euros (around $5.75 million).

The move is expected to strengthen Turbo Energy’s financial structure and provide greater flexibility.

The company aims to support expansion in the global commercial and industrial energy storage market, including Latin America and the U.S.

**TURB Price Action:** Turbo Energy shares were up 27.27% at $4.76 at the time of publication on Thursday, according to Benzinga Pro data.

_Photo via Shutterstock_

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