Response to media speculation
New York, Melbourne -- Fluence Corporation Limited (ASX: FLC) wishes to address inaccurate media reports published online by internet site “El Vigia”, Mexico, dated 18 July 2020, that the San Quintin water desalination plant contract between our subsidiary, Desaladora Kenton (DK), and the State Water Commission of Baja California (CEA) has been cancelled.
DK and CEA have been engaged in ongoing and frequent discussions regarding changes to the project schedule and other contractual amendments requested by CEA. As soon as a definitive resolution has been reached, Fluence will update the market accordingly.
About Fluence Corporation Limited (ASX: FLC)
Fluence is a leader in the decentralised water, wastewater, and reuse treatment markets, with its preengineered, standardised Smart Products Solutions, including Aspiral™, NIROBOX™ and SUBRE. Fluence offers an integrated range of services across the complete water cycle, from early stage evaluation, through design and delivery to ongoing support and optimisation of water related assets, as well as Build Own Operate Transfer (BOOT) and other recurring revenue solutions. With established operations in North America, South America, the Middle East, Europe, and China, Fluence has experience operating in over 70 countries worldwide and enables businesses and communities worldwide to maximise their water resources.