Fluence files for IPO

LinkedIn
Twitter
Reddit
Facebook
Email
A Fluence grid-scale battery energy storage system (BESS) project in the Philippines, completed earlier this year. Image: Fluence.

Energy storage technology provider Fluence is pursuing an IPO and has filed a Form S-1 with the US Securities and Exchange Commission (SEC). 

If successful, Fluence’s Class A common stock will list on the Nasdaq Global Select Market under the symbol FLNC, while the number of shares and price range are yet to be determined. 

The Arlington, Virginia-headquartered company officially launched in 2018 as a joint venture of German engineering company Siemens and US electric power company AES Corporation and released its sixth generation of battery storage system solution products last year. 

Rapidly becoming a leader in the grid-scale storage space through combining the experience and product knowhow of the two companies’ existing energy storage businesses, Fluence claims to now have over 3.4GW of energy storage deployed or under contract in 29 different global markets. 

This article requires Premium SubscriptionBasic (FREE) Subscription

Enjoy 12 months of exclusive analysis

Not ready to commit yet?
  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Annual digital subscription to the PV Tech Power journal
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

It has also diversified into renewable energy and storage asset optimisation and management in the key markets of Australia and California, partly based on the recent acquisition of the digital energy management platforms of Advanced Microgrid Solutions (AMS). 

A recent US$125 million investment from sovereign wealth fund Qatar Investment Authority valued Fluence at more than a billion dollars

Lead book-running managers for the proposed IPO will be JP Morgan Securities, Morgan Stanley & Co, Barclays Capital and BofA Securities. Joint book-running managers include Citigroup Global Markets, Credit Suisse, UBS and others, while co-managers include Nomura Securities, Robert W Baird & Co and others. 

More to follow… 

Read Next

September 17, 2025
Europe-based BESS optimisation and flexibility providers Sympower and Suena have completed Series B1 and A fundraisings respectively.
September 15, 2025
Utility and power firms Axpo and energieUri will together deploy two BESS projects in Switzerland with technology provided by system integrator Fluence.
September 15, 2025
Hithium will supply battery storage and SMA the power conversion systems for a 500MWh grid-forming project in Australia for Fotowatio Renewable Ventures (FRV).
September 12, 2025
Dutch BESS operator Return has acquired four ready-to-build (RTB) projects in Germany, while agrifood tech and renewables investor N2OFF has added BESS to a solar project it is developing there.
September 11, 2025
IPP DTEK Group and system integrator Fluence have together put a 200MW/400MWh BESS portfolio in Ukraine into commercial operation, a milestone praised by the country’s energy minister Svitlana Grinchuk.

Most Popular

Email Newsletter