AES Corp.

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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.