AES Corp.

NYSE:AES  
25.80
+0.35 (+1.38%)
Equity Financing / Related

Fluence Announces Investment From Qatar Investment Authority

Published: 12/30/2020 11:43 GMT
AES Corp. (AES) - :fluence Announces Investment From Qatar Investment Authority.
Fluence - Qia Will Commit to Invest $125 Million in Fluence Through a Private Placement Transaction.
Fluence - Aes and Siemens Will Remain Major Shareholders, Each Maintaining Approximately 44% Stake.
Fluence - Intends to Use Net Proceeds From Private Placement to Further Accelerate Development of Product Offerings.