Fluence Secures $3.7 Million of Seawater Desalination Contracts in Vietnam; Shares Rise 5%

Fluence (ASX:FLC) secured two contracts valued at $3.7 million to supply seawater desalination plants in Vietnam for a local infrastructure investor in partnership with SWater Kankyo, according to a Monday filing with the Australian bourse. The plants are expected to be installed and fully operational at Phu Quoc Island before the end of the year, per the filing. The company's shares rose 5% in recent Monday trade.