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Fluence Corporation Limited (ASX:FLC)

ALERT: Price-sensitive ASX Announcement for FLC
Current share price for FLC : $0.085 0.01 (13.33%)+
Announcement
Release
6 Jul 2026 8:47AM
Price at Release
$0.075
Full Release
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Summary
Fluence Corporation Limited announced the acquisition of two significant contracts to supply seawater desalination plants in Vietnam, valued at approximately US $3.7 million. In collaboration with SWater Kankyo Corporation, these projects aim to alleviate water scarcity on Phu Quoc Island by providing high-quality potable water using multi-media filtration and reverse osmosis technologies. The plants, expected to be operational by the end of 2026, highlight Fluence's capacity for rapid deployment and sustainable water management. This venture marks the continued success of the Fluence and SWater partnership in addressing regional water challenges.
Key Points
  • Fluence Corporation Limited secured two seawater desalination plant contracts in Vietnam valued at approximately US $3.7 million.
  • The contracts are with a prominent Vietnamese infrastructure investor in partnership with SWater Kankyo Corporation.
  • The water treatment plants will be located on Phu Quoc Island, Vietnam, and are expected to be operational by the end of 2026.
  • The plants will utilize multi-media filtration and reverse osmosis technologies to produce up to 7,500 m3 of potable water per day.
  • The projects aim to address water scarcity in Vietnam and support sustainable water management strategies.
  • Fluence’s solutions are designed for high efficiency and rapid deployment, achieving over 45% recovery of feedwater.
  • These contracts are the 4th and 5th with SWater in just over a year, reflecting a strong partnership.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.