Market Overview

Fluence Awarded US$3.5M Contract for Plant in Argentina

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- Water treatment plant will support capacity expansion for the power
plant

- System will treat aquifer water and reuse process effluent to
maximize recovery rates

Fluence
Corporation Limited
(ASX: FLC) is pleased to announce that it has
received a US$3.5 million contract to design and build a water treatment
plant for a prominent power plant in Buenos Aires, Argentina.

Fluence will design and build a complex system to treat water from
aquifers and process water from the power plant's operations. The system
includes several stages and uses multi-media filter (MMF),
ultrafiltration (UF), reverse osmosis (RO) and electrodeionization (EDI)
technology. Fluence's system is expected to be delivered, installed and
operational onsite by June 2019.

Fluence and its local EPC partner were selected by the customer for this
project due to their expertise in treating complicated water sources to
reuse quality, the system's small footprint, and the combination of
lower capital investment required and operational efficiencies to be
generated. The plant design will ensure reliability and maximize water
recovery rate, allowing the power plant to implement a cost-effective
and environmentally friendly solution.

In Buenos Aires, the standards for water quality discharged into the
environment are among the strictest in Argentina. Fluence was able to
achieve the client's desired water quality due to its extensive
experience designing water treatment systems for power plants, with
three other reference projects in the power industry in South America
within the last year alone, and more across the globe – including the
recently announced €3.9 million Belgian contract for an innovative
wastewater-to-energy system for ArcelorMittal, the world's largest steel
producer.

Fluence's Managing Director and CEO, Henry Charrabé said: "We're
delighted that, working with our local EPC partner, we have been able to
secure this contract for a prominent power plant in Buenos Aires. We
continue to strengthen Fluence's position in South America as one of the
leading water and wastewater treatment solution experts by developing
systems that produce the highest quality results. Our continued success
in South America, especially for industrial operations, is a testament
to the skill and hard work of our local team."

About Fluence Corporation Limited (ASX: FLC)

Fluence has experience operating in over 70 countries worldwide and
employs more than 300 highly trained water professionals around the
globe. The Company provides local, sustainable 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 and optimization of water related assets. With
established operations in North America, South America, the Middle East
and Europe, Fluence is also expanding into China's rural wastewater
treatment market.

Global consultancy Frost and Sullivan awarded Fluence Corporation "2018
Global Decentralized Water and Wastewater Treatment Company of the
Year", noting in their award dissertation:

"While typical decentralized water treatment systems are relatively
expensive, complicated, and inefficient, Fluence Corporation leverages
innovative and smart technology solutions backed by decades of
industrial know-how to excel in water and wastewater treatment
solutions. Fluence's excellence becomes apparent through its success, as
the company continues to expand its existing offerings as well as
partnerships with other prominent companies in the industry. With its
easy to use, sustainable, smart and cost-effective solutions as well as
a remarkable year of growth, innovation, and leadership, Fluence
Corporation earns Frost & Sullivan's 2018 Global Company of the Year
Award in the decentralized water and wastewater treatment industry."

Further information can be found at https://www.fluencecorp.com/.

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