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FLNC — Fluence Energy News Story

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Refile: BUZZ-Fluence rises on Vattenfall battery storage project

REFILE-BUZZ-Fluence rises on Vattenfall battery storage project 

Corrects Reuters Instrument Code to FLNC.O from 4SVE.F, no changes to text

** Fluence FLNC.O shares gain 1.77% to $6.90 premarket

** The energy storage provider signs deal with Vattenfall to deliver a 254 MW battery storage facility in Germany

** Facility, with capacity exceeding 1,000 MWh, expected to be among Germany's largest such projects and the Swedish state-owned energy company's largest battery project

** Vattenfall says FLNC to provide turnkey engineering, procurement, construction and commissioning, plus long-term service support

** Construction expected to begin in 2027; commissioning, grid connection planned for end-2028

** FLNC fell over 65% YTD, as of last close


(Reporting by Jayasree Prabhu)

((jayasree.prabhu@thomsonreuters.com))

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