Turbo Energy names Lucia Tamarit as Chief Financial Officer
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 27 2025
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New CFO Appointment: Turbo Energy has appointed Lucia Tamarit as the new Chief Financial Officer (CFO), effective immediately.
Successor Details: Tamarit takes over from Alejandro Morangues, who has decided to leave the company for new career opportunities.
Reporting Structure: Lucia Tamarit will report directly to Mariano Soria, the CEO of Turbo Energy.
Previous Experience: Before her appointment, Tamarit served as the Financial Manager at CSP Spain.
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About TURB
Turbo Energy SA (Turbo Energy) is a Spain-based company involved in the electric power industry. The Company works on launching photovoltaic solutions for any type of building, from collective solutions to the simplest plug & play solutions that do not require an installer. The Company has more than 20 years of experience of the entire utility-scale photovoltaic value chain and a +700MW plant development pipeline. It aims to support the decentralization of energy generation by acting on Energy Communities, Carbon Credits and Virtual Power Plants. It also makes energy independence possible through technology and customization. Through its application one can control and customize the generation and consumption of energy in the business and access in real time to the status of the batteries, solar production, alerts and energy, environmental and bill savings.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Turbo Energy (TURB) Receives Nasdaq Non-Compliance Notice Due to Low Equity
- Nasdaq Warning: Turbo Energy received a notice from Nasdaq on January 12, 2026, indicating non-compliance due to stockholders' equity falling below the $2.5 million requirement, with current equity reported at approximately $1.5 million, highlighting financial strain.
- Compliance Plan: The company is reviewing measures to restore compliance and will file a plan with Nasdaq as required, aiming to meet capital market standards promptly to avoid further sanctions.
- Executive Change: Turbo Energy appointed Lucia Tamarit as CFO, likely to strengthen financial management and address current compliance challenges, enhancing corporate governance.
- Market Reaction: The compliance issues may pressure Turbo Energy's stock price, prompting investors to monitor the company's subsequent compliance plans and their impact on stockholders' equity.
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Turbo Energy (TURB) Receives Nasdaq Compliance Notice, Equity Below $1.5 Million
- Compliance Notice: Turbo Energy received a written notice from Nasdaq on January 12, 2026, indicating its stockholders' equity of approximately $1.5 million is below the required $2.5 million for continued listing, highlighting compliance challenges.
- Listing Requirements: Under Nasdaq rules, Turbo Energy must submit a compliance plan within 45 days, with a potential extension of up to 180 days if accepted, posing risks to future financing and market confidence.
- Strategic Evaluation: The company is actively assessing options to regain compliance and plans to submit a proposal within the required timeframe, aiming to accelerate revenue growth and strengthen its balance sheet, reflecting its focus on international expansion.
- Long-term Commitment: Despite compliance risks, Turbo Energy remains committed to maintaining its Nasdaq listing and executing initiatives designed to enhance long-term shareholder value, demonstrating confidence in its future development.
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