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Fluence Chosen for 300 MW / 600 MWh Wellington Battery Energy Storage System for AMPYR Australia

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Fluence (NASDAQ: FLNC) has been selected by AMPYR Australia for the 300 MW / 600 MWh Wellington Stage 1 Battery Energy Storage System (BESS) project in New South Wales, Australia. The comprehensive agreement includes Fluence's Gridstack� energy storage product, a 20-year service contract, and implementation of Mosaic bidding software and Nispera asset performance management software.

The project, scheduled for energization in 2026, represents AMPYR's first grid-scale BESS to reach financial close in Australia. The system will support AMPYR's virtual tolling contract capabilities and contributes to their goal of delivering 6,000 MWh of operational BESS by 2030. Fluence currently operates four BESS systems in Australia, with additional projects under construction or nearing operation.

Fluence (NASDAQ: FLNC) è stata scelta da AMPYR Australia per il progetto 300 MW / 600 MWh Wellington Stage 1 Battery Energy Storage System (BESS) nel New South Wales, Australia. L'accordo completo comprende il prodotto di accumulo energetico Gridstack� di Fluence, un contratto di servizio di 20 anni e l'implementazione del software di offerta Mosaic e del software di gestione delle prestazioni degli asset Nispera.

Il progetto, previsto per l'entrata in esercizio nel 2026, rappresenta il primo BESS su scala di rete di AMPYR a raggiungere la chiusura finanziaria in Australia. Il sistema sosterrà le capacità di contratto di pedaggio virtuale di AMPYR e contribuirà al loro obiettivo di fornire 6.000 MWh di BESS operativi entro il 2030. Fluence gestisce attualmente quattro sistemi BESS in Australia, con ulteriori progetti in costruzione o prossimi all'operatività.

Fluence (NASDAQ: FLNC) ha sido seleccionada por AMPYR Australia para el proyecto 300 MW / 600 MWh Wellington Stage 1 Battery Energy Storage System (BESS) en Nueva Gales del Sur, Australia. El acuerdo integral incluye el producto de almacenamiento de energía Gridstack� de Fluence, un contrato de servicio de 20 años, y la implementación del software de licitación Mosaic y el software de gestión del rendimiento de activos Nispera.

El proyecto, programado para energizarse en 2026, representa el primer BESS a escala de red de AMPYR en alcanzar el cierre financiero en Australia. El sistema apoyará las capacidades de contrato de peaje virtual de AMPYR y contribuirá a su objetivo de entregar 6,000 MWh de BESS operativos para 2030. Fluence actualmente opera cuatro sistemas BESS en Australia, con otros proyectos en construcción o próximos a operar.

Fluence (NASDAQ: FLNC)� 호주 뉴사우스웨일스에 위치� 300 MW / 600 MWh 웰링� 1단계 배터� 에너지 저� 시스�(BESS) 프로젝트� 위해 AMPYR Australia� 선정되었습니�. � 포괄적인 계약에는 Fluence� Gridstack� 에너지 저� 제품, 20� 서비� 계약, 그리� Mosaic 입찰 소프트웨� � Nispera 자산 성능 관� 소프트웨어의 도입� 포함됩니�.

2026� 가� 예정� � 프로젝트� AMPYR� 호주 � � 그리� 규모 BESS 금융 마감 사례입니�. � 시스템은 AMPYR� 가� 통행� 계약 기능� 지원하�, 2030년까지 6,000 MWh� 운영 BESS 제공 목표� 기여합니�. Fluence� 현재 호주에서 � 개의 BESS 시스템을 운영 중이�, 추가 프로젝트가 건설 중이거나 운영� 앞두� 있습니다.

Fluence (NASDAQ : FLNC) a été sélectionnée par AMPYR Australia pour le projet 300 MW / 600 MWh Wellington Stage 1 Battery Energy Storage System (BESS) en Nouvelle-Galles du Sud, Australie. L'accord complet inclut le produit de stockage d'énergie Gridstack� de Fluence, un contrat de service de 20 ans, ainsi que la mise en œuvre du logiciel de soumission Mosaic et du logiciel de gestion de la performance des actifs Nispera.

Le projet, dont la mise en service est prévue en 2026, représente le premier BESS à l'échelle du réseau d'AMPYR à atteindre la clôture financière en Australie. Le système soutiendra les capacités de contrat de péage virtuel d'AMPYR et contribuera à leur objectif de fournir 6 000 MWh de BESS opérationnels d'ici 2030. Fluence exploite actuellement quatre systèmes BESS en Australie, avec d'autres projets en construction ou proches de l'exploitation.

Fluence (NASDAQ: FLNC) wurde von AMPYR Australia für das Projekt 300 MW / 600 MWh Wellington Stage 1 Battery Energy Storage System (BESS) in New South Wales, Australien, ausgewählt. Die umfassende Vereinbarung beinhaltet Fluences Gridstack� Energiespeicherprodukt, einen 20-Jahres-Servicevertrag sowie die Implementierung der Mosaic-Bietsoftware und der Nispera Asset Performance Management Software.

Das Projekt, dessen Inbetriebnahme für 2026 geplant ist, stellt AMPYRs erstes netzgebundenes BESS dar, das in Australien die finanzielle Abschlussphase erreicht hat. Das System unterstützt AMPYRs virtuelle Mautvertragsfähigkeiten und trägt zu ihrem Ziel bei, bis 2030 insgesamt 6.000 MWh an betriebsbereiten BESS bereitzustellen. Fluence betreibt derzeit vier BESS-Systeme in Australien, weitere Projekte befinden sich im Bau oder kurz vor der Inbetriebnahme.

Positive
  • Secured long-term revenue stream through 20-year service and maintenance contract
  • Project strengthens Fluence's market position in Australia's growing energy storage sector
  • Comprehensive solution deployment including hardware, software, and long-term services
  • Adds to Fluence's strong Australian presence with multiple operational and upcoming BESS projects
Negative
  • None.

Insights

Fluence secures significant 300MW/600MWh battery project with comprehensive 20-year service agreement, strengthening Australian market position.

Fluence's selection for AMPYR Australia's 300 MW / 600 MWh Wellington Battery Energy Storage System represents a substantial commercial win that bolsters the company's Australian market presence. This comprehensive contract includes not just the Gridstack� hardware deployment but also a 20-year service and maintenance agreement, creating a valuable long-term revenue stream that provides enhanced visibility into future earnings.

The deal's strategic value extends beyond the hardware, as it incorporates Fluence's complete software ecosystem - including Mosaic bidding software for market optimization and Nispera for asset performance management. This full-suite implementation demonstrates the company's successful transition from purely hardware sales toward higher-margin, recurring software and services revenue.

The project's scale is significant for the Australian National Electricity Market (NEM), where grid-scale batteries are becoming increasingly critical for managing renewable intermittency and network stability. With energization scheduled for 2026, this represents a substantial addition to Fluence's Australian project pipeline, which already includes four operational battery systems, two nearing operation, and several under construction.

What makes this particularly notable is the virtual tolling contract structure that allows AMPYR to nominate charging and discharging times. This arrangement optimizes the battery's revenue potential in Australia's energy market while providing Fluence with stable, contracted returns. The selection validates Fluence's integrated hardware-software approach in a competitive market where differentiation beyond pure storage capacity is increasingly essential.

The project will include the full suite of Fluence’s innovative storage products, including �, a 20-year service contract, Mosaic bidding software, and Nispera asset performance management software

SYDNEY, July 08, 2025 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (“Fluence�) (NASDAQ: FLNC), a global market leader delivering intelligent energy storage, services, and asset optimization software, today announced that the company has been selected by AMPYR Australia (AMPYR) for the 300 MW / 600 MWh Wellington Stage 1 Battery Energy Storage System (BESS) in Wellington, New South Wales, Australia. AMPYR has contracted Fluence for construction of this project and a 20-year service and maintenance contract. The project will also be powered by Fluence’s Mosaic bidding software and Nispera asset performance management software.

The Wellington Stage 1 BESS is AMPYR’s first grid-scale battery energy storage system to reach financial close in Australia. This project is scheduled to be energised in 2026, signaling a significant step towards bolstering Australia's renewable energy capacity and grid stability.

Wellington Stage 1 will use� grid-scale energy storage product, underpinned by Fluence’s multi-generational technology platform. The system will be optimized by Mosaic, Fluence’s intelligent, AI-powered bidding software, designed to enhance the efficiency and profitability of BESS in the National Electricity Market (NEM) and Nispera, Fluence’s next generation asset performance management software. Mosaic will be used to manage AMPYR’s virtual tolling contract, which will allow AMPYRto nominate when the battery should charge or discharge, to maximize performance.

“We are thrilled to be partnering with AMPYR on the Wellington Stage 1 BESS project, marking another step forward in strengthening Australia’s transition to a more sustainable energy future,� said Jan Teichmann, SVP & President, APAC. “We believe the full suite of Fluence’s innovative storage products and operational services will allow AMPYR to extract the most value out of the Wellington BESS once operational. Fluence has a strong track record of delivering BESS projects in Australia, and our established team is dedicated to ensuring the Wellington BESS will create a more resilient grid for Australia.�

“The Wellington Stage 1 grid-scale battery represents a significant contribution to growing Australia's renewable energy capacity and strengthening its grid stability. Our partnership with Fluence will enable the delivery of competitively priced, reliable renewable energy to major Australian electricity users. This project is a crucial first step in our commitment to delivering 6,000 MWh of operational BESS by 2030, directly addressing the growing need for grid-scale batteries and accelerating Australia's transition to a reliable, affordable, and renewable energy future,� said AMPYR Australia CEO Alex Wonhas.

Fluence has a strong track record in Australia, with four battery energy storage systems currently in operation, another two entering operations in the next few months, and several BESS projects under construction.

About Fluence

Fluence Energy, Inc. (Nasdaq: FLNC) is a global market leader delivering intelligent energy storage and optimization software for renewables and storage. The Company's solutions and operational services are helping to create a more resilient grid and unlock the full potential of renewable portfolios. With gigawatts of projects successfully contracted, deployed, and under management across nearly 50 markets, the Company is transforming the way we power our world for a more sustainable future.

For more information, visit our , or follow us on or . To stay up to date on the latest industry insights, .

About AMPYR Australia

AMPYR is a new independent power provider in Australia with global backing from AMPYR Global and AGP. AMPYR’s grid-scale battery projects offer innovative energy solutions, which are built from the ground up with customers in mind, to power Australia’s future industries. AMPYR’s energy solutions empower Australia’s future industries like hyperscale datacentres to decarbonise reliably and cost-effectively. AMPYR is on track to deliver 6,000 MWh of grid-scale battery storage in strategic grid locations by 2030, providing up to 20% of Australia’s future battery storage demand. �

AMPYR is part of AMPYR Global, which has over 13 GW of assets under development, and is backed by AGP, an independent global investor and asset manager that finances, develops and operates sustainable real assets across energy transition, digital transition and real estate.

For more information, visit our , or follow us on .

Cautionary Statement Regarding Forward-Looking Statements

The statements contained in this press release that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, statements regarding the anticipated operational performance of this project, anticipated timeline of the project, operational performance of Mosaic and Nispera and impact on AMPYR, impact of the project on grid resiliency in Australia, and other beliefs, assumptions, prospects, plans, and objectives of management. Such statements can be identified by the fact that they do not relate strictly to historical or current facts. When used in this press release, words such as “may,� “possible,� “will,� “should,� “expects,� “plans,� “anticipates,� “could,� “intends,� “targets,� “projects,� “contemplates,� “commits,� “believes,� “estimates,� “predicts,� “potential,� or “continue,� or the negative of these terms or other similar expressions and variations thereof and similar words and expressions are intended to identify such forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking.

The forward-looking statements contained in this press release are based on our current expectations and beliefs concerning future developments, as well as a number of assumptions concerning future events, and their potential effects on our business. These forward-looking statements are not guarantees of performance, and there can be no assurance that future developments affecting our business will be those that we have anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond our control) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements, which include, but are not limited to, impacts to Wellington Stage 1 BESS from geopolitical instability, extreme weather, and/or changes in Australia’s regulatory regime and energy goals relating to renewables and energy storage, failure to achieve the anticipated benefits and operational performance from the Wellington Stage 1 Bess project, and such factors set forth under Item 1A. “Risk Factors� in our Annual Report on Form 10-K for the fiscal year ended September 30, 2024, filed with the Securities and Exchange Commission (“SEC�) on November 29, 2024, and in other filings we make with the SEC from time to time. New risks and uncertainties emerge from time to time and it is not possible for us to predict all such risk factors, nor can we assess the effect of all such risk factors on our business or the extent to which any factor or combination of factors may cause actual results to differ materially from those contained in any forward­-looking statements. Should one or more of these risks or uncertainties materialize, or should any of the assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. You are cautioned not to place undue reliance on any forward-looking statements made in this press release. Each forward-looking statement speaks only as of the date of the particular statement, and we undertake no obligation to publicly update or revise any forward-looking statements to reflect events or circumstances that occur, or which we become aware of, after the date hereof, except as otherwise may be required by law.

Media Contact
Chaanah Crichton, Head of Marketing, APAC
Email:
Phone: +61426584943

Analyst Contact
Lexington May, Vice President of Investor Relations and Sustainability
Email: Phone: +1 (713) 909-5629

A photo accompanying this announcement is available at


FAQ

What is the size and location of Fluence's new Wellington Battery Energy Storage System?

The Wellington BESS is a 300 MW / 600 MWh energy storage system located in Wellington, New South Wales, Australia.

When will Fluence's Wellington BESS project be operational?

The Wellington BESS project is scheduled to be energized in 2026.

What products and services will Fluence provide for the Wellington BESS project?

Fluence will provide its Gridstack� energy storage product, a 20-year service contract, Mosaic bidding software, and Nispera asset performance management software.

How many battery energy storage systems does Fluence currently operate in Australia?

Fluence currently operates four battery energy storage systems in Australia, with two more entering operations soon and several under construction.

What is AMPYR Australia's BESS deployment goal by 2030?

AMPYR Australia aims to deliver 6,000 MWh of operational BESS by 2030 as part of their commitment to Australia's renewable energy future.
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