Fluence secures contract for wastewater-to-energy system

Company News

by Rachael Jones

Energy storage company Fluence (ASX:FLC) has been awarded a contract for an innovative wastewater-to-energy system in Belgium.

The system will be designed and built for ArcelorMittal, the world’s leader in steel production.

It will produce biogas from steel mill byproducts.

This will be Fluence’s first wastewater and waste-to-energy system designed specifically for use in the steel industry.

They have received euro 3.9 million for the contract.

Shares in Fluence (ASX:FLC) closed flat at 41c yesterday.

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.