Fluence Successfully Raises A$33.1 Million to Underpin Growth Plans

Fluence Successfully Raises A$33.1 Million to Underpin Growth Plans

5 years ago
Anonymous $ZPWJA6-QD2

https://www.businesswire.com/news/home/20181029005828/en/

MELBOURNE, Australia & NEW YORK--(BUSINESS WIRE)--Oct 29, 2018--Fluence Corporation Limited (ASX:FLC) is pleased to announce that it has successfully raised A$33.1 million via a share placement of ordinary shares to global and domestic sophisticated, professional and other institutional investors ( Placement ), and will also conduct a non-underwritten Share Purchase Plan ( SPP ) 1.

Commenting on the successful placement, Henry Charrabé, Managing Director and CEO of Fluence, said: