AES Corp.
NYSE:AES
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.
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.