ROHSTOFF INTERNATIONAL

3:00 | 14.09.2017
Fluence Corporation Limited (ASX:FLC) Exclusively Selected by African Nation to Negotiate US$100M+ Water Treatment Plant

Following several months of detailed discussions and evaluation, Fluence
Corporation Limited (ASX:FLC), a global leader in distributed water and
wastewater treatment solutions, today announced the signing of an
exclusive memorandum of understanding (MOU) with an African nation to
design and construct an advanced water treatment plant. The plant would
bring revenues of over US$100 million to Fluence and provide up to
150,000 cubic meters per day of high-quality drinking water to local
communities. According to the confidential MOU, a construction agreement
will be negotiated and signed between the parties by the second quarter
of 2018.

The water treatment facility would treat local surface feed-water to
provide potable drinking water that fully complies with the World Health
Organization’s international drinking water standards. To do so, Fluence
developed a unique state of the art technological solution that includes
a smart intake system, a cutting-edge membrane-based application, and
chemical and physical treatment technologies.

“Providing developing regions with highly innovative and cost-effective
water treatment solutions often comes with a tangle of technological and
regulatory challenges,” said Fluence CEO Henry Charrabé. “The fact that
Fluence could design, build and finance a solution to meet this nation’s
needs in a timely manner is a testament to our team’s combined years of
experience in treating challenging waters to deliver high quality
potable water to people who need it most.”

The project is planned to be fully financed through a government-backed
export credit financing institution and would be operational within a
two-year period following contract finalization. Fluence anticipates
signing the agreement by the second quarter of 2018, with anticipated
revenue recognition for Fluence of approximately one-third of the US$100
million total in 2018 and the balance in 2019.
About Fluence Corporation
Fluence Corporation is a leading global provider of fast deployment,
smart, decentralized and packaged water and wastewater treatment
solutions. Fluence has experience in over 70 countries worldwide and
employs more than 300 highly-trained water professionals around the
globe to provide local, sustainable, highly innovative 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, optimization of water-related assets, operations and
maintenance, and financing. The group has core operations in North
America, South America, China, the Middle East and Europe.

For more information please visit our website: https://www.fluencecorp.com.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170913006625/en/


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