New contract from China for Fluence Corporation

Company News

by Rachael Jones

Fluence Corporation (ASX:FLC) has secured a contract from the Yiyang City government in China for the deployment of an Aspiral for use in a municipal wastewater treatment plant.

This is the first contract won through Fluence’s new local partner Kaitian Environmental Technology and its parent company is Hunan AeroSpace Company, a state-owned company.

Considering the previous sale announced last month, it’s clear we are building momentum toward our goal of capturing a sizeable portion of the rural wastewater treatment opportunity in China.

Shares in Fluence Corporation (ASX:FLC) closed down 1.28 per cent yesterday to 39c.

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.