Fluence Awarded US$3.5M Contract for Plant in Argentina

- Water treatment plant will support capacity expansion for the power plant

- System will treat aquifer water and reuse process effluent to maximize recovery rates

MELBOURNE, Australia & NEW YORK--()--Fluence Corporation Limited (ASX: FLC) is pleased to announce that it has received a US$3.5 million contract to design and build a water treatment plant for a prominent power plant in Buenos Aires, Argentina.

Fluence will design and build a complex system to treat water from aquifers and process water from the power plant’s operations. The system includes several stages and uses multi-media filter (MMF), ultrafiltration (UF), reverse osmosis (RO) and electrodeionization (EDI) technology. Fluence’s system is expected to be delivered, installed and operational onsite by June 2019.

Fluence and its local EPC partner were selected by the customer for this project due to their expertise in treating complicated water sources to reuse quality, the system’s small footprint, and the combination of lower capital investment required and operational efficiencies to be generated. The plant design will ensure reliability and maximize water recovery rate, allowing the power plant to implement a cost-effective and environmentally friendly solution.

In Buenos Aires, the standards for water quality discharged into the environment are among the strictest in Argentina. Fluence was able to achieve the client’s desired water quality due to its extensive experience designing water treatment systems for power plants, with three other reference projects in the power industry in South America within the last year alone, and more across the globe – including the recently announced €3.9 million Belgian contract for an innovative wastewater-to-energy system for ArcelorMittal, the world’s largest steel producer.

Fluence’s Managing Director and CEO, Henry Charrabé said: “We’re delighted that, working with our local EPC partner, we have been able to secure this contract for a prominent power plant in Buenos Aires. We continue to strengthen Fluence’s position in South America as one of the leading water and wastewater treatment solution experts by developing systems that produce the highest quality results. Our continued success in South America, especially for industrial operations, is a testament to the skill and hard work of our local team.”

About Fluence Corporation Limited (ASX: FLC)

Fluence has experience operating in over 70 countries worldwide and employs more than 300 highly trained water professionals around the globe. The Company provides local, sustainable treatment and reuse solutions, while empowering businesses and communities worldwide to make the most of their water resources.

Fluence offers an integrated range of services across the complete water cycle, from early stage evaluation, through design and delivery to ongoing support and optimization of water related assets. With established operations in North America, South America, the Middle East and Europe, Fluence is also expanding into China’s rural wastewater treatment market.

Global consultancy Frost and Sullivan awarded Fluence Corporation “2018 Global Decentralized Water and Wastewater Treatment Company of the Year”, noting in their award dissertation:

While typical decentralized water treatment systems are relatively expensive, complicated, and inefficient, Fluence Corporation leverages innovative and smart technology solutions backed by decades of industrial know-how to excel in water and wastewater treatment solutions. Fluence’s excellence becomes apparent through its success, as the company continues to expand its existing offerings as well as partnerships with other prominent companies in the industry. With its easy to use, sustainable, smart and cost-effective solutions as well as a remarkable year of growth, innovation, and leadership, Fluence Corporation earns Frost & Sullivan’s 2018 Global Company of the Year Award in the decentralized water and wastewater treatment industry.”

Further information can be found at https://www.fluencecorp.com/.

Contacts

Fluence Corporation Limited
Corporate:
Henry Charrabé, +1-212-572-3766
Managing Director & CEO
hcharrabe@fluencecorp.com
or
Richard Irving (USA), +1-408-382-9790
Executive Chairman
rirving@fluencecorp.com
or
Ross Kennedy (Australia), +61 409 524 442
Company Secretary & Advisor to the Board
rkennedy@fluencecorp.com
or
Investors (Australia):
Market Eye
Ronn Bechler, +61 400 009 774
ronn.bechler@marketeye.com.au
or
Media (Australia):
Market Eye
Tristan Everett, +61 403 789 096
tristan.everett@marketeye.com.au
or
Investors & media (USA):
The Blueshirt Group
Gary Dvorchak, CFA, +1 323 240 5796 (US) or +86 138 1079 1480 (China)
gary@blueshirtgroup.com

Contacts

Fluence Corporation Limited
Corporate:
Henry Charrabé, +1-212-572-3766
Managing Director & CEO
hcharrabe@fluencecorp.com
or
Richard Irving (USA), +1-408-382-9790
Executive Chairman
rirving@fluencecorp.com
or
Ross Kennedy (Australia), +61 409 524 442
Company Secretary & Advisor to the Board
rkennedy@fluencecorp.com
or
Investors (Australia):
Market Eye
Ronn Bechler, +61 400 009 774
ronn.bechler@marketeye.com.au
or
Media (Australia):
Market Eye
Tristan Everett, +61 403 789 096
tristan.everett@marketeye.com.au
or
Investors & media (USA):
The Blueshirt Group
Gary Dvorchak, CFA, +1 323 240 5796 (US) or +86 138 1079 1480 (China)
gary@blueshirtgroup.com