{"success":true,"data":{"pressRelease":{"id":"86998","rtpr_id":"nGNX9n0vB2","ticker":"FLNC","exchange":"NASDAQ","all_tickers":["FLNC"],"title":"Fluence to Provide U.S. Domestic Content Smartstack System for Avantus 800 MWh Rexford 2 Project in Southern California","author":"Globe Newswire","published_at":"2026-07-13T20:30:00.093Z","article_body":"ARLINGTON, Va., July 13, 2026 (GLOBE NEWSWIRE) -- Fluence Energy, Inc.\n(https://www.globenewswire.com/Tracker?data=3trmc6fU1SW10ZekLg16tPhMgnPhjs76yCIte8XAIwP7N0SGKWWuVwpqmGt17NuQTE-aqMhpmU7xq7F9UFB6XZ0DI2JUMxAyoYOeoKUnygI=) (\"Fluence\")\n(NASDAQ: FLNC), a global market leader delivering intelligent energy storage\nsystems, services, and asset optimization software, today announced an\nagreement with Avantus to provide its advanced Smartstack™ energy storage\nsolution and turnkey Engineering, Procurement, and Construction (EPC) services\nfor the Rexford 2 project.\n\nLocated in Tulare County, California, Rexford 2 will include a 200 MW / 800\nMWh battery energy storage system paired with a solar facility. Once\noperational, the project is expected to deliver firm, on-demand capacity to\nthe California grid, enough to power 84,000 Southern California homes with\nclean, reliable energy.\n\nFluence will deploy its 4-hour duration Smartstack system incorporating U.S.\ndomestic content. The system will utilize Fluence’s network of partner\nmanufacturing facilities in states including Utah, South Carolina, and Texas,\nwhere key components such as battery cells, modules, enclosures, and thermal\nmanagement systems are produced. By drawing on this U.S.-based manufacturing\nnetwork, the project will support the continued advancement of domestically\nproduced energy storage technology.\n\n“Delivering a project of this magnitude requires deep expertise to help\nensure long-term performance. By combining our end-to-end EPC capabilities\nwith our advanced, U.S.-built Smartstack solution, we are streamlining\ndeployment for Avantus,” said John Zahurancik, Chief Customer Success\nOfficer at Fluence. “We are proud to leverage our proven track record to\nbuild a highly reliable and flexible power foundation for California’s\nenergy future.”\n\n“Providing affordable, reliable clean energy solutions at scale requires the\nright partners. Our work with Fluence on Rexford 2 will strengthen the grid,\nbuild domestic supply chains, and bring much-needed energy capacity to\nCalifornia,” said Tony Frontino, Executive Vice President of Strategic\nSourcing and Asset Management at Avantus.\n\nRexford 2 is expected to create more than 500 union jobs at peak construction,\nin addition to permanent local operations roles. The project is projected to\ngenerate hundreds of millions of dollars in local tax revenue for Tulare\nCounty, supporting public services and infrastructure. Additionally, Rexford 2\nwill be constructed on previously disturbed land, minimizing environmental\nimpacts.\n\nConstruction is expected to begin in 2027, and the project is targeted to\nreach commercial operation in late 2028.\n\nAbout Fluence  \nFluence Energy, Inc. (Nasdaq: FLNC) is a global market leader delivering\nintelligent energy storage and optimization software for renewables and\nstorage. The company's solutions and operational services are helping to\ncreate a more resilient grid, from powering the next generation of AI-driven\ndata centers to unlocking the full potential of renewable portfolios. With\ngigawatts of projects successfully contracted, deployed, and under management\nacross nearly 50 markets, the company is transforming the way we power our\nworld for a more sustainable future.\n\nFor more information, visit our website\n(https://www.globenewswire.com/Tracker?data=NFVvMF-IySktZyp12D4Nx1yNwg2ac1DLhpInkM3o2GKuDNlSBi9Htg-4b7zZiROMZhlUyvgEBk0WxUtaBYZ_4zSn78uATGso31j0_AFyWpB5ebhI93naRdOqYYfrabb4FOQ1MDyiXjWQzEnF1eArnizVxv-Yr8tROEBs1y32_E_z1TuZJMVkHp26qvO72JCJscu8y2vSr5Os8LP8o3QVeywsu4eO97BXk9QuyxFuYh0=),\nor follow us on LinkedIn\n(https://www.globenewswire.com/Tracker?data=hRFGiRvznnUWOQRB2XhxEYWCRpSgl5rXmh1FgB8QJl7xSMqTVWRCzNUXqWbE7REcK3p1TQcmYy9MW35M2hf2U1B_taJ7Dw1My7zkkC2srUVt0uTgwMhNnKPJYBnXvSwN66mR5Jpl3VGpmiLP7Ke9mBaqfcFusGdRs33PPNN51hnYiRvCWsp2bUqeBezLhPbIYc5GBR4FxMLFQ5P0KiCK9-SFGxc8O4YAlkRxyvmnftOmM81bmbO7zGp7JcdEYasTYPQ-sqWaXvZk-YblY1u48A==) or X\n(https://www.globenewswire.com/Tracker?data=3SH8bgWFFZuTQfUXvnDfEgkjLWRtFYFe_U0kHqw9fS5Y215FrMGacbKJftZ8mbAd98QFEPkpFcC6mx_DkI0ikR268aHza0QEmO676VcF63viKi4gwq0Ea98-8UE67L7VrFCVH5GabHzoUekRrUoXr2BcQzTSNkgCHnESZZNH7Z27kDBSdXCqAeeN1YWgP1A9hHtLoRqGXfm_Rd4DNaRxQA==).\nTo stay up to date on the latest industry insights, sign up for Fluence's\nFull Potential Blog\n(https://www.globenewswire.com/Tracker?data=Y3kdNy25DxSv5VsrHsh5PG11nHGnDP6l0pRJ66OCTxjMMMhbfJrMWtv_-X9KRIFfE0CMuM_W9vAa09hhH-xveYVD4wAO-2t3KdzcM_x-OPUqY7OHQ59gs4yuno7Qtxkuo4bOZorMtBa1mNzriq69CdlAbW9nwgRgeOJzDgu3oD5YFp2cwgPvHyKeTIFXprI5Gn_5Eb4m13q_Ee4A2yZIyDXYV7D0y1pzEovVIGw_UZJ0vDb6QWlOToQPOCCmfV74S-qo5ok4EQHI33U4vTraxP-X7N5L0jqu01PUBN3f4YspUROIxfxUu4KpPMf2NJlVGBS_C-ZGH8CSjuUmuToSMYHeElRobMWonpCA3a3KiU3Y7ucCy8OUiixMPWSZFcWv).  \n\nCautionary Note Regarding Forward-Looking Statements\nThe statements contained in this press release that are not historical facts\nare forward-looking statements within the meaning of Section 27A of the\nSecurities Act of 1933, as amended, Section 21E of the Securities Exchange Act\nof 1934, as amended, and the Private Securities Litigation Reform Act of 1995.\nThese forward-looking statements include, without limitation, statements\nregarding the anticipated operational performance of the Rexford 2 project,\nincluding capacity, projected construction and commercial operation timelines,\nexpected impact of these projects on the local economy, including local labor\nforce, tax revenue, public services and infrastructure, and environment,\nde-risking expectations, and statements regarding beliefs, assumptions,\nprospects, plans, and objectives of management. Such statements can be\nidentified by the fact that they do not relate strictly to historical or\ncurrent facts. When used in this press release, words such as \"may,\"\n\"possible,\" \"will,\" \"should,\" \"expects,\" \"plans,\" \"anticipates,\" \"could,\"\n\"intends,\" \"targets,\" \"projects,\" \"contemplates,\" \"commits\", \"believes,\"\n\"estimates,\" \"predicts,\" \"potential,\" or \"continue,\" or the negative of these\nterms or other similar expressions and variations thereof and similar words\nand expressions are intended to identify such forward-looking statements, but\nthe absence of these words does not mean that a statement is not\nforward-looking.\n\nThe forward-looking statements contained in this press release are based on\nour current expectations and beliefs concerning future developments, as well\nas a number of assumptions concerning future events, and their potential\neffects on our business. These forward-looking statements are not guarantees\nof performance, and there can be no assurance that future developments\naffecting our business will be those that we have anticipated. These\nforward-looking statements involve a number of risks, uncertainties (some of\nwhich are beyond our control) or other assumptions that may cause actual\nresults or performance to be materially different from those expressed or\nimplied by these forward-looking statements, which include, but are not\nlimited to, severe weather events impacting the project and timelines, changes\nto the regulatory environment in the United States and/or California, general\neconomic conditions, the potential for political, social, or economic unrest,\nterrorism, hostilities or war, unforeseen circumstances outside of Fluence’s\ncontrol which may cause the energy storage system to not perform as\nanticipated, and such factors set forth under Item 1A.\"Risk Factors\" in our\nAnnual Report on Form 10-K for the fiscal year ended September 30, 2025, filed\nwith the Securities and Exchange Commission (\"SEC\") on November 29 2025, and\nin other filings we make with the SEC from time to time. New risks and\nuncertainties emerge from time to time and it is not possible for us to\npredict all such risk factors, nor can we assess the effect of all such risk\nfactors on our business or the extent to which any factor or combination of\nfactors may cause actual results to differ materially from those contained in\nany forward-looking statements. Should one or more of these risks or\nuncertainties materialize, or should any of the assumptions prove incorrect,\nactual results may vary in material respects from those projected in these\nforward-looking statements. You are cautioned not to place undue reliance on\nany forward-looking statements made in this press release. Each\nforward-looking statement speaks only as of the date of the particular\nstatement, and we undertake no obligation to publicly update or revise any\nforward-looking statements to reflect events or circumstances that occur, or\nwhich we become aware of, after the date hereof, except as otherwise may be\nrequired by law.\n\nMedia Contact \nShayla Ebsen, Director of Communications \nEmail: media.corporate@fluenceenergy.com\n\nAnalyst Contact \nChris Shelton, Vice President of Finance, GID, and IR \nEmail: investorrelations@fluenceenergy.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/97a6e0de-a2d0-4d11-8ecb-6d1e2ad762bc)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX9n0vB2","title":"Fluence to Provide U.S. Domestic Content Smartstack System for Avantus 800 MWh Rexford 2 Project in Southern California","author":"Globe Newswire","ticker":"FLNC","created":"2026-07-13T20:30:00.093Z","tickers":["FLNC"],"exchange":"NASDAQ","article_body":"ARLINGTON, Va., July 13, 2026 (GLOBE NEWSWIRE) -- Fluence Energy, Inc.\n(https://www.globenewswire.com/Tracker?data=3trmc6fU1SW10ZekLg16tPhMgnPhjs76yCIte8XAIwP7N0SGKWWuVwpqmGt17NuQTE-aqMhpmU7xq7F9UFB6XZ0DI2JUMxAyoYOeoKUnygI=) (\"Fluence\")\n(NASDAQ: FLNC), a global market leader delivering intelligent energy storage\nsystems, services, and asset optimization software, today announced an\nagreement with Avantus to provide its advanced Smartstack™ energy storage\nsolution and turnkey Engineering, Procurement, and Construction (EPC) services\nfor the Rexford 2 project.\n\nLocated in Tulare County, California, Rexford 2 will include a 200 MW / 800\nMWh battery energy storage system paired with a solar facility. Once\noperational, the project is expected to deliver firm, on-demand capacity to\nthe California grid, enough to power 84,000 Southern California homes with\nclean, reliable energy.\n\nFluence will deploy its 4-hour duration Smartstack system incorporating U.S.\ndomestic content. The system will utilize Fluence’s network of partner\nmanufacturing facilities in states including Utah, South Carolina, and Texas,\nwhere key components such as battery cells, modules, enclosures, and thermal\nmanagement systems are produced. By drawing on this U.S.-based manufacturing\nnetwork, the project will support the continued advancement of domestically\nproduced energy storage technology.\n\n“Delivering a project of this magnitude requires deep expertise to help\nensure long-term performance. By combining our end-to-end EPC capabilities\nwith our advanced, U.S.-built Smartstack solution, we are streamlining\ndeployment for Avantus,” said John Zahurancik, Chief Customer Success\nOfficer at Fluence. “We are proud to leverage our proven track record to\nbuild a highly reliable and flexible power foundation for California’s\nenergy future.”\n\n“Providing affordable, reliable clean energy solutions at scale requires the\nright partners. Our work with Fluence on Rexford 2 will strengthen the grid,\nbuild domestic supply chains, and bring much-needed energy capacity to\nCalifornia,” said Tony Frontino, Executive Vice President of Strategic\nSourcing and Asset Management at Avantus.\n\nRexford 2 is expected to create more than 500 union jobs at peak construction,\nin addition to permanent local operations roles. The project is projected to\ngenerate hundreds of millions of dollars in local tax revenue for Tulare\nCounty, supporting public services and infrastructure. Additionally, Rexford 2\nwill be constructed on previously disturbed land, minimizing environmental\nimpacts.\n\nConstruction is expected to begin in 2027, and the project is targeted to\nreach commercial operation in late 2028.\n\nAbout Fluence  \nFluence Energy, Inc. (Nasdaq: FLNC) is a global market leader delivering\nintelligent energy storage and optimization software for renewables and\nstorage. The company's solutions and operational services are helping to\ncreate a more resilient grid, from powering the next generation of AI-driven\ndata centers to unlocking the full potential of renewable portfolios. With\ngigawatts of projects successfully contracted, deployed, and under management\nacross nearly 50 markets, the company is transforming the way we power our\nworld for a more sustainable future.\n\nFor more information, visit our website\n(https://www.globenewswire.com/Tracker?data=NFVvMF-IySktZyp12D4Nx1yNwg2ac1DLhpInkM3o2GKuDNlSBi9Htg-4b7zZiROMZhlUyvgEBk0WxUtaBYZ_4zSn78uATGso31j0_AFyWpB5ebhI93naRdOqYYfrabb4FOQ1MDyiXjWQzEnF1eArnizVxv-Yr8tROEBs1y32_E_z1TuZJMVkHp26qvO72JCJscu8y2vSr5Os8LP8o3QVeywsu4eO97BXk9QuyxFuYh0=),\nor follow us on LinkedIn\n(https://www.globenewswire.com/Tracker?data=hRFGiRvznnUWOQRB2XhxEYWCRpSgl5rXmh1FgB8QJl7xSMqTVWRCzNUXqWbE7REcK3p1TQcmYy9MW35M2hf2U1B_taJ7Dw1My7zkkC2srUVt0uTgwMhNnKPJYBnXvSwN66mR5Jpl3VGpmiLP7Ke9mBaqfcFusGdRs33PPNN51hnYiRvCWsp2bUqeBezLhPbIYc5GBR4FxMLFQ5P0KiCK9-SFGxc8O4YAlkRxyvmnftOmM81bmbO7zGp7JcdEYasTYPQ-sqWaXvZk-YblY1u48A==) or X\n(https://www.globenewswire.com/Tracker?data=3SH8bgWFFZuTQfUXvnDfEgkjLWRtFYFe_U0kHqw9fS5Y215FrMGacbKJftZ8mbAd98QFEPkpFcC6mx_DkI0ikR268aHza0QEmO676VcF63viKi4gwq0Ea98-8UE67L7VrFCVH5GabHzoUekRrUoXr2BcQzTSNkgCHnESZZNH7Z27kDBSdXCqAeeN1YWgP1A9hHtLoRqGXfm_Rd4DNaRxQA==).\nTo stay up to date on the latest industry insights, sign up for Fluence's\nFull Potential Blog\n(https://www.globenewswire.com/Tracker?data=Y3kdNy25DxSv5VsrHsh5PG11nHGnDP6l0pRJ66OCTxjMMMhbfJrMWtv_-X9KRIFfE0CMuM_W9vAa09hhH-xveYVD4wAO-2t3KdzcM_x-OPUqY7OHQ59gs4yuno7Qtxkuo4bOZorMtBa1mNzriq69CdlAbW9nwgRgeOJzDgu3oD5YFp2cwgPvHyKeTIFXprI5Gn_5Eb4m13q_Ee4A2yZIyDXYV7D0y1pzEovVIGw_UZJ0vDb6QWlOToQPOCCmfV74S-qo5ok4EQHI33U4vTraxP-X7N5L0jqu01PUBN3f4YspUROIxfxUu4KpPMf2NJlVGBS_C-ZGH8CSjuUmuToSMYHeElRobMWonpCA3a3KiU3Y7ucCy8OUiixMPWSZFcWv).  \n\nCautionary Note Regarding Forward-Looking Statements\nThe statements contained in this press release that are not historical facts\nare forward-looking statements within the meaning of Section 27A of the\nSecurities Act of 1933, as amended, Section 21E of the Securities Exchange Act\nof 1934, as amended, and the Private Securities Litigation Reform Act of 1995.\nThese forward-looking statements include, without limitation, statements\nregarding the anticipated operational performance of the Rexford 2 project,\nincluding capacity, projected construction and commercial operation timelines,\nexpected impact of these projects on the local economy, including local labor\nforce, tax revenue, public services and infrastructure, and environment,\nde-risking expectations, and statements regarding beliefs, assumptions,\nprospects, plans, and objectives of management. Such statements can be\nidentified by the fact that they do not relate strictly to historical or\ncurrent facts. When used in this press release, words such as \"may,\"\n\"possible,\" \"will,\" \"should,\" \"expects,\" \"plans,\" \"anticipates,\" \"could,\"\n\"intends,\" \"targets,\" \"projects,\" \"contemplates,\" \"commits\", \"believes,\"\n\"estimates,\" \"predicts,\" \"potential,\" or \"continue,\" or the negative of these\nterms or other similar expressions and variations thereof and similar words\nand expressions are intended to identify such forward-looking statements, but\nthe absence of these words does not mean that a statement is not\nforward-looking.\n\nThe forward-looking statements contained in this press release are based on\nour current expectations and beliefs concerning future developments, as well\nas a number of assumptions concerning future events, and their potential\neffects on our business. These forward-looking statements are not guarantees\nof performance, and there can be no assurance that future developments\naffecting our business will be those that we have anticipated. These\nforward-looking statements involve a number of risks, uncertainties (some of\nwhich are beyond our control) or other assumptions that may cause actual\nresults or performance to be materially different from those expressed or\nimplied by these forward-looking statements, which include, but are not\nlimited to, severe weather events impacting the project and timelines, changes\nto the regulatory environment in the United States and/or California, general\neconomic conditions, the potential for political, social, or economic unrest,\nterrorism, hostilities or war, unforeseen circumstances outside of Fluence’s\ncontrol which may cause the energy storage system to not perform as\nanticipated, and such factors set forth under Item 1A.\"Risk Factors\" in our\nAnnual Report on Form 10-K for the fiscal year ended September 30, 2025, filed\nwith the Securities and Exchange Commission (\"SEC\") on November 29 2025, and\nin other filings we make with the SEC from time to time. New risks and\nuncertainties emerge from time to time and it is not possible for us to\npredict all such risk factors, nor can we assess the effect of all such risk\nfactors on our business or the extent to which any factor or combination of\nfactors may cause actual results to differ materially from those contained in\nany forward-looking statements. Should one or more of these risks or\nuncertainties materialize, or should any of the assumptions prove incorrect,\nactual results may vary in material respects from those projected in these\nforward-looking statements. You are cautioned not to place undue reliance on\nany forward-looking statements made in this press release. Each\nforward-looking statement speaks only as of the date of the particular\nstatement, and we undertake no obligation to publicly update or revise any\nforward-looking statements to reflect events or circumstances that occur, or\nwhich we become aware of, after the date hereof, except as otherwise may be\nrequired by law.\n\nMedia Contact \nShayla Ebsen, Director of Communications \nEmail: media.corporate@fluenceenergy.com\n\nAnalyst Contact \nChris Shelton, Vice President of Finance, GID, and IR \nEmail: investorrelations@fluenceenergy.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/97a6e0de-a2d0-4d11-8ecb-6d1e2ad762bc)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-07-13T20:30:00.139607123Z","server_sent_at_ms":1783974600139},"received_at":"2026-07-13T20:30:00.192Z","source_url":"https://www.globenewswire.com/news-release/2026/07/13/3326469/0/en/Fluence-to-Provide-U-S-Domestic-Content-Smartstack-System-for-Avantus-800-MWh-Rexford-2-Project-in-Southern-California.html"},"analysis":{"id":"76066","press_release_id":"86998","analysis_json":{"industry":{"label":"Electrical Equipment","sector":"Industrials"},"redFlags":[],"eventType":"operations_update","narrative":"Fluence Energy signed an agreement with Avantus to supply its 4-hour duration Smartstack energy storage solution and provide turnkey EPC services for the 200 MW / 800 MWh Rexford 2 project in California.\n\nThe project utilizes U.S. domestic content sourced from partner manufacturing facilities in Utah, South Carolina, and Texas to support domestic supply chains.\n\nConstruction is slated to begin in 2027 with commercial operation targeted for late 2028, creating over 500 union jobs and generating significant local tax revenue.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"800 MWh contract win validates domestic content strategy and adds EPC backlog for 2028."},"keyFigures":{"customDimensions":{"capacity_mw":200,"capacity_mwh":800,"homes_powered":84000,"jobs_created_peak":">500","construction_start_year":2027,"commercial_operation_year":"late 2028"}},"quotedText":"Delivering a project of this magnitude requires deep expertise to help ensure long-term performance. By combining our end-to-end EPC capabilities with our advanced, U.S.-built Smartstack solution, we are streamlining deployment for Avantus","namedEntities":{"people":[{"name":"John Zahurancik","role":"Chief Customer Success Officer"},{"name":"Tony Frontino","role":"Executive Vice President of Strategic Sourcing and Asset Management"}],"products":["Smartstack™ energy storage solution","Smartstack system"],"companies":[{"name":"Fluence Energy, Inc.","ticker":"FLNC"},{"name":"Avantus","relationship":"partner/customer"}],"dollarAmounts":[{"amount":"hundreds of millions of dollars","context":"local tax revenue for Tulare County"}]},"materialImpact":{"score":3,"reasoning":"Significant 800 MWh contract win with turnkey EPC services reinforces backlog and validates U.S. domestic content capabilities, though revenue realization is delayed until 2028."},"tickerRelevance":{"others":[],"primary":"FLNC"},"globalImportance":25,"audienceRelevance":35,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"mid-cap","eventGravity":"contract-win","sectorWeight":"renewables-storage"}},"event_type":"operations_update","event_type_secondary":null,"sentiment":"bullish","material_impact_score":3,"narrative":"Fluence Energy signed an agreement with Avantus to supply its 4-hour duration Smartstack energy storage solution and provide turnkey EPC services for the 200 MW / 800 MWh Rexford 2 project in California.\n\nThe project utilizes U.S. domestic content sourced from partner manufacturing facilities in Utah, South Carolina, and Texas to support domestic supply chains.\n\nConstruction is slated to begin in 2027 with commercial operation targeted for late 2028, creating over 500 union jobs and generating significant local tax revenue.","key_figures":{"customDimensions":{"capacity_mw":200,"capacity_mwh":800,"homes_powered":84000,"jobs_created_peak":">500","construction_start_year":2027,"commercial_operation_year":"late 2028"}},"named_entities":{"people":[{"name":"John Zahurancik","role":"Chief Customer Success Officer"},{"name":"Tony Frontino","role":"Executive Vice President of Strategic Sourcing and Asset Management"}],"products":["Smartstack™ energy storage solution","Smartstack system"],"companies":[{"name":"Fluence Energy, Inc.","ticker":"FLNC"},{"name":"Avantus","relationship":"partner/customer"}],"dollarAmounts":[{"amount":"hundreds of millions of dollars","context":"local tax revenue for Tulare County"}]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-07-13T20:58:57.334Z","global_importance":25,"audience_relevance":35,"importance_components":{"tickerTier":"mid-cap","eventGravity":"contract-win","sectorWeight":"renewables-storage"}},"durationMs":null,"modelName":"glm-4.7"}}