Qatar Investment Authority to invest $125m in Fluence.

Qatar Investment Authority, a sovereign wealth fund, agreed to invest $125m in Fluence, a battery storage joint venture of Siemens and AES. “This is one more milestone in our strategy of setting this company up and eventually taking it public. The investment will allow Fluence to expand its energy storage offerings and develop its software that can maximize battery use in power markets," Andres Gluski, AES Chief Executive Officer.