Turbo Energy, S.A. (NASDAQ: TURB) shares began Monday slightly higher. The Spanish-based company, a global integrator of AI-driven solar energy storage solutions and intelligent energy management systems, today announced a strategic partnership with Chile-based investment family office Inversiones Sandomac Limitada to accelerate the expansion of Turbo Energy Solutions, the Company’s local platform for deploying Energy-as-a-Service infrastructure across Chile and broader Latin America markets.
This morning’s news release went on to say, as part of the transaction, Inversiones Sandomac Limitada will make a strategic investment in TES and participate in its expansion plan, supporting the accelerated deployment of Turbo Energy’s AI-driven EaaS model and SUNBOX Home residential energy systems throughout Chile.
The agreement combines local strategic capital, operational scale capabilities and market deployment infrastructure into a unified growth initiative designed to position TES as a scalable platform designed to scale recurring energy revenues across one of Latin America’s fastest-growing distributed energy markets.
Chile has emerged as one of the most attractive energy transition markets globally due to rising electricity costs, increasing renewable penetration and growing demand for resilient decentralized energy infrastructure. “Turbo Energy believes,” the release concludes, “these structural dynamics are the transition toward distributed solar generation, intelligent storage systems and software-driven energy management services across residential and commercial markets.”
TURB shares captured two cents, or 1.5% to $1.35.