|Bid||0.5100 x 0|
|Ask||0.4800 x 0|
|Day's Range||0.4900 - 0.5050|
|52 Week Range||0.2900 - 0.6300|
|Beta (3Y Monthly)||-0.06|
|PE Ratio (TTM)||N/A|
|Earnings Date||Apr 30, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
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Fluence Corporation Limited (FLC.AX) is pleased to announce that it has executed a US$10 million contract for the design, engineering and construction of a 12,000 m3/day seawater desalination plant for one of the world’s largest steel producers. The plant will be located at the customer’s steel production facility in eastern Brazil. The plant will be designed for modular expansion to 24,000 m3/day and 36,000 m3/day and will be the largest desalination plant in Brazil.
Fluence Corporation Limited (FLC.AX) is pleased to announce that it has executed the first order of its NIROBOX™ Smart Packaged desalination solution in the USA. The NIROBOX SW XL will be delivered to the Laguna Development Corporation (LDC) and will be located on the Laguna Pueblo near Albuquerque, New Mexico. The seawater desalination unit will treat brine produced by an existing Reverse Osmosis (RO) unit and produce potable water for consumption by the LDC business entities near Rio Puerco on Laguna Pueblo Lands.
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Fluence Corporation Limited (FLC.AX) is pleased to announce that it has drawn down for the first time on its US$50 million non-recourse debt facility (the “Facility”), which was put in place in November 2018 and provided by Generate Capital, an integrated investment and operating platform for innovative resource infrastructure technologies and developers. The Facility is earmarked for project financing of Build, Own, Operate & Transfer (BOOT) plants. Proceeds from this initial drawdown of US$2.0 million will be used to fund Fluence’s first seawater desalination plant in the Bahamas, at a resort in North Bimini.
Fluence Corporation Limited (FLC.AX) is pleased to announce that it has signed a third contract under its three year strategic partnership agreement with ITEST. This agreement relates to the supply of Fluence’s Aspiral™ Smart Packaged wastewater treatment plants along the five highway systems in Hubei Province covered under ITEST’s contractual scope.
Fluence Corporation Limited (FLC.AX) is pleased to announce that a partnership formed between its Egyptian joint venture The International Co. for Water Services & Infrastructure (IWSI) and Hassan Allam EPC has been awarded an EPC contract of US$74 million to design and construct a 40,000 m3/day seawater desalination plant, with infrastructure designed and built for a future capacity expansion to 80,000 m3/day.
Fluence Corporation Limited (FLC.AX) is pleased to announce that it has signed a landmark €165 million commercial agreement with the Federal Government of Ivory Coast for the turnkey supply of a 150,000 m3/day surface-water treatment plant (the “Plant”). The Plant will treat water from Lagune Aghien, Ivory Coast’s largest freshwater reserve near Abidjan, which is dense with algae and other contaminants, to help meet the fresh water needs of the country’s largest city.
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Fluence Corporation Limited (FLC.AX) is pleased to announce that it has received a US$1.7 million contract to supply its Smart Products Solutions for a prominent international beverage producer that is a longtime repeat customer.
G. research, LLC will host its 29th Annual Pump, Valve & Water Systems Symposium on Thursday, February 28, 2019 in New York City. This research meeting will feature presentations, fireside chats, and one-on-one meetings with senior management of leading industrial companies, with an emphasis on infrastructure spending, global energy markets, and other pertinent industry dynamics.
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