Key stakeholders agree to reduction of leverage and injection of €40 million in new funding to advance the Group’s growth, highlighting strong support for the business
Madrid, Spain, 13 January 2026. Amara NZero Group, a leading energy transition specialist focused on decarbonisation, services and electrification, today announced that it continues to advance the recapitalisation to strengthen its balance sheet and as part of this process has requested the withdrawal of its credit rating.
Principles agreed with working capital banks and principal shareholder for a reduction of leverage, and injection of significant new funding to advance the Group’s growth strategy.
Majority noteholders have also expressed their support for the Group’s comprehensive recapitalisation.
Amara NZero has appointed Simon Oakland as the Company’s new Chief Executive Officer (CEO), succeeding Gonzalo Errejón, who has decided to step down to embark on a new professional chapter after 4 years of dedicated service as CEO.
The goal of the Energy Transition is clear: to progressively phase out fossil fuels and move towards a model based on renewable energy, efficiency, digitalisation and electrification. Making this possible requires more than just regulatory changes or investment — it also demands key materials. One of the most important is copper.