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Siemens' energy storage company Fluence Energy will go public in the United States

 Last Update: 2023-01-03
 Source: Internet
 Author: User

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Fluence Energy, an energy storage technology company backed by Germany's Siemens AG, plans to raise $744 million
in a U.
S.
IPO.

The company said it wants to issue 31 million shares at prices between
$21 and $24 per share.

Fluence's IPO plans come as
global investors and lawmakers push for more sustainable and environmentally friendly ways of doing business amid heightened climate change concerns.

In January 2018, AES Group Energy Storage and Siemens Battery Energy Business formed Fluence Energy through a joint venture
.

Fluence Energy, an energy storage technology company backed by Germany's Siemens AG, plans to raise $744 million
in a U.
S.
IPO.

The company said it wants to issue 31 million shares at prices between
$21 and $24 per share.

Fluence's IPO plans come as
global investors and lawmakers push for more sustainable and environmentally friendly ways of doing business amid heightened climate change concerns.

In January 2018, AES Group Energy Storage and Siemens Battery Energy Business formed Fluence Energy through a joint venture
.

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