--- title: Qatar Investment Authority Commits to Invest $125M in Fluence to Accelerate Growth and Drive Energy Storage Deployment description: The Qatar Investment Authority (QIA) is committing to invest $125 million in Fluence to accelerate growth and drive energy storage deployment. image: https://blog.fluenceenergy.com/hubfs/QIA-social-share-image8.png --- [Fluence Energy Home ![Fluence Energy](https://fluenceenergy.com/wp-content/themes/fluence/assets/svg/static/branding/site-logo--color.svg)](https://fluenceenergy.com/) Menu Close - [Energy Storage](https://fluenceenergy.com/energy-storage-technology/) - [Smartstack](https://fluenceenergy.com/smartstack-energy-storage/) - [Gridstack Pro](https://fluenceenergy.com/gridstack-pro-energy-storage/) - [Gridstack](https://fluenceenergy.com/gridstack-grid-energy-storage/) - [Services](https://fluenceenergy.com/energy-storage-services/) - [Nispera APM](https://fluenceenergy.com/nispera-energy-asset-performance-management-software/) - [Mosaic Bidding](https://fluenceenergy.com/mosaic-intelligent-bidding-software/) - [Sustainability](https://fluenceenergy.com/sustainability/) - [About](https://fluenceenergy.com/about/) - [Our Story](https://fluenceenergy.com/about/our-story/) - [Leadership](https://fluenceenergy.com/about/leadership/) - [Safety](https://fluenceenergy.com/committed-to-safety/) - [Fluence in Taiwan (繁體中文)](https://fluenceenergy.com/taiwan/) - [Fluence in Japan (日本)](https://fluenceenergy.com/japan/nispera-energy-asset-performance-management-software/) - [Contact](https://fluenceenergy.com/contact/) - [Investors](https://ir.fluenceenergy.com/) - [Media Room](https://fluenceenergy.com/about/media-room/) - [Blog](https://blog.fluenceenergy.com/) - [Resources](https://fluenceenergy.com/renewable-energy-storage-knowledge-resources/) - [Careers](https://fluenceenergy.com/energy-storage-careers/) - Login - [Mosaic for CAISO](https://markets-caiso.amsarmada.com/caiso/login) - [Mosaic for the NEM](https://markets.amsarmada.com/markets/login) - [Mosaic for ERCOT](https://markets-ercot.amsarmada.com/ercot/login) - [Investors](https://ir.fluenceenergy.com/) - [Media Room](https://fluenceenergy.com/about/media-room/) - [Blog](https://blog.fluenceenergy.com/) - [Resources](https://fluenceenergy.com/renewable-energy-storage-knowledge-resources/) - [Careers](https://fluenceenergy.com/energy-storage-careers/) - Login - [Mosaic for CAISO](https://markets-caiso.amsarmada.com/caiso/login) - [Mosaic for the NEM](https://markets.amsarmada.com/markets/login) - [Mosaic for ERCOT](https://markets-ercot.amsarmada.com/ercot/login) [Fluence Energy Home ![Fluence Energy](https://fluenceenergy.com/wp-content/themes/fluence/assets/svg/static/branding/site-logo--color.svg)](https://fluenceenergy.com/) - [Energy Storage](https://fluenceenergy.com/energy-storage-technology/) - [Smartstack](https://fluenceenergy.com/smartstack-energy-storage/) - [Gridstack Pro](https://fluenceenergy.com/gridstack-pro-energy-storage/) - [Gridstack](https://fluenceenergy.com/gridstack-grid-energy-storage/) - [Services](https://fluenceenergy.com/energy-storage-services/) - [Nispera APM](https://fluenceenergy.com/nispera-energy-asset-performance-management-software/) - [Mosaic Bidding](https://fluenceenergy.com/mosaic-intelligent-bidding-software/) - [Sustainability](https://fluenceenergy.com/sustainability/) - [About](https://fluenceenergy.com/about/) - [Our Story](https://fluenceenergy.com/about/our-story/) - [Leadership](https://fluenceenergy.com/about/leadership/) - [Safety](https://fluenceenergy.com/committed-to-safety/) - [Fluence in Taiwan (繁體中文)](https://fluenceenergy.com/taiwan/) - [Fluence in Japan (日本)](https://fluenceenergy.com/japan/nispera-energy-asset-performance-management-software/) - [Contact](https://fluenceenergy.com/contact/) About Fluence is enabling the global clean energy transition with market-leading energy storage products and services, and digital applications for renewables and storage. [Learn More](https://fluenceenergy.com/about/) #### Get to know us - [Our Story](https://fluenceenergy.com/about/our-story/) - [Leadership](https://fluenceenergy.com/about/leadership/) - [Safety](https://fluenceenergy.com/committed-to-safety/) - [Fluence in Taiwan (繁體中文)](https://fluenceenergy.com/taiwan/) - [Fluence in Japan (日本)](https://fluenceenergy.com/japan/) #### Connect With Us - [Follow us on LinkedIn ![LinkedIn](https://fluenceenergy.com/wp-content/themes/fluence/assets/svg/static/social-round/linkedin-circle-icon.svg)](https://www.linkedin.com/company/fluenceenergy) - [Follow us on Facebook ![Facebook](https://fluenceenergy.com/wp-content/themes/fluence/assets/svg/static/social-round/facebook-circle-icon.svg)](https://www.facebook.com/fluenceenergy/) - [Follow us on Twitter ![Twitter](https://fluenceenergy.com/wp-content/themes/fluence/assets/svg/static/social-round/twitter-circle-icon.svg)](https://twitter.com/fluenceenergy) ![](https://fluenceenergy.com/wp-content/uploads/2022/06/Mega-Menu-Nispera-1200x999px.jpg) ![](https://fluenceenergy.com/wp-content/uploads/2020/07/icon.png) ### Nispera is now part of Fluence. [Read more](https://blog.fluenceenergy.com/how-ai-and-machine-learning-are-driving-value-in-a-clean-energy-future) ## Products Fluence offers an integrated ecosystem of products, services, and digital applications across a range of energy storage and renewable use cases. #### Energy Storage - [Gridstack](https://fluenceenergy.com/gridstack-grid-energy-storage/) - [Ultrastack](https://fluenceenergy.com/ultrastack-transmission-energy-storage/) - [Sunstack](https://fluenceenergy.com/sunstack-solar-energy-storage-system/) - [Edgestack](https://fluenceenergy.com/edgestack-commercial-energy-storage/) #### Software - [Mosaic](https://fluenceenergy.com/mosaic-intelligent-bidding-software/) - [Nispera](https://fluenceenergy.com/nispera-energy-asset-management-software/) - [![Energy Storage Systems](https://fluenceenergy.com/wp-content/uploads/2022/08/Energy-Storage.jpg)](https://fluenceenergy.com/gridstack-grid-energy-storage/) [Energy Storage Systems](https://fluenceenergy.com/gridstack-grid-energy-storage/) - [![Intelligent Bidding](https://fluenceenergy.com/wp-content/uploads/2022/08/Intelligent-Bidding.jpg)](https://fluenceenergy.com/mosaic-intelligent-bidding-software/) [Mosaic Intelligent Bidding Software](https://fluenceenergy.com/mosaic-intelligent-bidding-software/) - [![Asset Performance](https://fluenceenergy.com/wp-content/uploads/2022/08/Asset-Performance.jpg)](https://fluenceenergy.com/nispera-energy-asset-management-software/) [Nispera Asset Performance Management Software](https://fluenceenergy.com/nispera-energy-asset-management-software/) Our Technology Our standardized Technology Stack makes it easier for you to rapidly and cost effectively deploy energy storage, and optimize storage and renewable assets. [Learn More](https://fluenceenergy.com/energy-storage-technology/) - [![](https://fluenceenergy.com/wp-content/uploads/2021/09/ce389ed6-1bb1-11ec-a4a2-a0369f10330e-1.jpeg)](https://fluenceenergy.com/modular-energy-storage/) [Fluence Cube](https://fluenceenergy.com/modular-energy-storage/) - [![](https://fluenceenergy.com/wp-content/uploads/2021/09/OS-Image_Mega-Menu.jpeg)](https://fluenceenergy.com/fluence-os-operating-system/) [Fluence OS](https://fluenceenergy.com/fluence-os-operating-system/) - [![](https://fluenceenergy.com/wp-content/uploads/2021/09/8145fa68-1b22-11ec-b9df-a0369f10330e-1.jpeg)](https://fluenceenergy.com/fluence-iq-digital-platform/) [Fluence IQ](https://fluenceenergy.com/fluence-iq-digital-platform/) Products #### Energy Storage - [![](https://fluenceenergy.com/wp-content/uploads/2021/09/Technology-Mega-Menu-1.jpg)](https://fluenceenergy.com/energy-storage-technology/gridstack-grid-energy-storage/) [Gridstack](https://fluenceenergy.com/energy-storage-technology/gridstack-grid-energy-storage/) #### Fluence IQ Platform - [![](https://fluenceenergy.com/wp-content/uploads/2021/01/AMS-Software-Screenshot_square-1.png)](https://fluenceenergy.com/energy-bidding-software/) [Bidding Application](https://fluenceenergy.com/energy-bidding-software/) Applications Energy storage provides the agility and efficiency to keep pace with an evolving energy landscape. [Learn More](https://fluenceenergy.com/applications/) - [![](https://fluenceenergy.com/wp-content/uploads/2020/07/Transform-network.png)](https://fluenceenergy.com/applications/energy-storage-for-flexible-reliable-networks/) [Transform Your Network](https://fluenceenergy.com/applications/energy-storage-for-flexible-reliable-networks/) - [![](https://fluenceenergy.com/wp-content/uploads/2020/07/Transform-generation.png)](https://fluenceenergy.com/applications/energy-storage-for-generation/) [Transform Your Generation](https://fluenceenergy.com/applications/energy-storage-for-generation/) - [![](https://fluenceenergy.com/wp-content/uploads/2020/07/Transform-energy-use.png)](https://fluenceenergy.com/applications/energy-storage-for-energy-users/) [Transform Your Energy Use](https://fluenceenergy.com/applications/energy-storage-for-energy-users/) Energy Storage Unlock the full potential of your network with energy storage. [Learn More](https://fluenceenergy.com/energy-storage-technology/) - [![](https://fluenceenergy.com/wp-content/uploads/2026/02/fluence-smartstack.jpg)](https://fluenceenergy.com/smartstack-energy-storage/) [Smartstack](https://fluenceenergy.com/smartstack-energy-storage/) - [![](https://fluenceenergy.com/wp-content/uploads/2023/10/gridstack-pro-nav-2.png)](https://fluenceenergy.com/gridstack-pro-energy-storage/) [Gridstack Pro](https://fluenceenergy.com/gridstack-pro-energy-storage/) - [![Gridstack Energy Storage](https://fluenceenergy.com/wp-content/uploads/2023/03/Gridstack-Mega-Menu.png)](https://fluenceenergy.com/gridstack-grid-energy-storage/) [Gridstack](https://fluenceenergy.com/gridstack-grid-energy-storage/) #### December 30, 2020 # Qatar Investment Authority Commits to Invest $125M in Fluence to Accelerate Growth and Drive Energy Storage Deployment #### By Alison Mickey, Sr. Director of Communications **- PRESS RELEASE -** **Investment supports transition to low-carbon future and values fluence at more than $1 Billion.** **Arlington, Va., Doha, and Munich - December 30, 2020 -** Fluence, the leading global energy storage solutions provider, announced today that it has entered into a definitive agreement with the [Qatar Investment Authority (QIA)](https://www.qia.qa/) pursuant to which QIA will commit to invest $125 million in Fluence through a private placement transaction. Consummation of the transaction is subject to the satisfaction of customary closing conditions, including regulatory clearances. QIA’s investment brings another strong financial partner to The AES Corporation (AES) and Siemens joint venture, further supporting Fluence’s mission to transform the way we power our world for a more sustainable future.  Fluence intends to use the net proceeds from the private placement to further accelerate development of its product offerings, particularly digital products, and deployment of existing products in more markets globally. AES and Siemens will remain major shareholders, each maintaining an approximately 44 percent stake following the completion of the transaction and will continue to support Fluence’s long-term growth. “We believe the global problem of climate change can only be tackled by leveraging the combined capabilities of technologists and investors from around the world,” said Manuel Perez Dubuc, Fluence’s Chief Executive Officer. “We see energy storage as the linchpin of a decarbonized grid and adding QIA to our international shareholder base will allow Fluence to innovate even faster and address the enormous global market for large-scale battery-based energy storage.” QIA is one of six founding members of the [One Planet Sovereign Wealth Fund Initiative](https://oneplanetswfs.org/#who), which is building climate change into financial decision making, and the proposed investment further highlights QIA’s growing focus on the development of green technologies. Fluence’s mission and technology-driven offering aligns with QIA’s investment philosophy and QIA’s other recent green technology investments. With countries around the world setting increasingly ambitious targets to cut carbon emissions, Fluence is helping [accelerate the adoption of renewables](https://info.fluenceenergy.com/the-need-for-speed-white-paper-download-0) and is allowing utilities and power producers to incorporate renewables at scale. Its innovative technologies provide storage solutions for energy produced by wind farms and other renewable sources – a critical factor in the move towards a low-carbon economy. “We are proud to partner with Fluence, which is at the forefront of the global drive to provide energy storage solutions,” said Mansoor bin Ebrahim Al-Mahmoud, QIA’s Chief Executive Officer. “We believe energy storage will play a key role in delivering cleaner, more sustainable and more resilient electric grids around the world. This investment further underpins our commitment to responsible investing for a low-carbon future.” “Energy storage is playing a crucial role in enabling markets and organizations to achieve their goals for a carbon-free energy future,” said Andrés Gluski, AES President and Chief Executive Officer. “We are very pleased with Fluence’s success and today’s announcement is an important milestone toward maintaining Fluence’s global leadership in energy storage and achieving its growth potential.” “Energy storage is a key pillar of the energy transition. Siemens has defined this as a significant long-term growth area,” said Matthias Rebellius, CEO of Siemens Smart Infrastructure and member of the Managing Board of Siemens AG. “QIA’s investment will support Fluence with its successful development in a dynamic market.” The Fluence team has been a driving force in the global energy storage industry for more than a decade, repeatedly opening new markets and [pioneering new applications](https://info.fluenceenergy.com/virtual-dams-white-paper). This summer, the company announced its [sixth-generation Tech Stack](https://blog.fluenceenergy.com/energy-storage-growth), comprised of integrated hardware, operating software and digital intelligence engines. Built on 12 years of proprietary operating data from systems in the field, the Tech Stack enables faster deployment of standardized, modular systems, lower balance of system costs, and highly customizable solutions to meet individual customer needs. In October, Fluence announced its [acquisition of AMS’ AI-driven software and digital intelligence platform](https://blog.fluenceenergy.com/fluence-acquires-ams-advanced-microgrid-solutions) for renewables and energy storage, which can significantly improve revenue of energy storage assets in wholesale markets, and plans to accelerate investment in its digital differentiation. ### About Fluence Fluence, a Siemens and AES company, is the global market leader in energy storage technology solutions and services, combining the agility of a technology company with the expertise, vision and financial backing of two well-established and respected industry giants. Building on the pioneering work of AES Energy Storage and Siemens energy storage, the company’s goal is to create a more sustainable future by transforming the way we power our world. Providing design, delivery and integration, Fluence offers proven energy storage technology solutions that address the diverse needs and challenges of customers in a rapidly transforming energy landscape. The company currently has more than 2.4 gigawatts of projects in operation or awarded across 24 countries and territories worldwide. Fluence topped the Navigant Research utility-scale energy storage leaderboard in 2018 and was named one of Fast Company’s Most Innovative Companies in 2019. Its sixth-generation Tech Stack won Commercial Technology of the Year at the 22nd annual S&P Global Platts Global Energy Awards. To learn more about Fluence, please visit: [fluenceenergy.com.](https://fluenceenergy.com/) ### Media Contact **Alison Mickey** Director of Communications E: alison.mickey@fluenceenergy.com O: 1-703-721-8818 ##### Share - - - ![](https://blog.fluenceenergy.com/hubfs/Alison%20headshot%20(2).jpg) Alison Mickey is Sr. Director of Communications at Fluence. ### Get the latest news ## Related Posts #### [Industry Trends June 3, 2026 Building the Power Blueprint for Tomorrow's AI Factories](https://blog.fluenceenergy.com/building-the-power-blueprint-for-tomorrows-ai-factories) #### [Industry Trends May 26, 2026 Beating the Benchmark: Evolving Energy Storage Bidding in the US](https://blog.fluenceenergy.com/beating-bidding-benchmark-evolving-energy-storage) #### [Industry Trends April 7, 2026 More Power, Less Waiting: Why Storage is the Secret to AI Scalability](https://blog.fluenceenergy.com/more-power-less-waiting-why-storage-the-secret-ai-scalability) ## Most Popular #### [Industry Trends April 7, 2026 More Power, Less Waiting: Why Storage is the Secret to AI Scalability](https://blog.fluenceenergy.com/more-power-less-waiting-why-storage-the-secret-ai-scalability) #### [Industry Trends January 7, 2025 Powering Intelligence: How Energy Storage is Enabling the AI Revolution](https://blog.fluenceenergy.com/powering-intelligence-how-energy-storage-enabling-ai-revolution) #### [Industry Trends September 18, 2025 Beyond 20 Years: Maximizing Battery Storage Lifespan and Value](https://blog.fluenceenergy.com/maximizing-battery-storage-lifespan-value) ### Connect - [LinkedIn](https://www.linkedin.com/company/fluenceenergy) - [Twitter](https://www.facebook.com/fluenceenergy/) - [YouTube](https://twitter.com/fluenceenergy) Copyright © 2026 Fluence. All rights reserved. - [Website Privacy Policy](https://fluenceenergy.com/website-privacy-policy/) - [Electronic Waste Policy](https://fluenceenergy.com/electronic-waste-policy/) - [Forward-Looking Statements](https://fluenceenergy.com/about/forward-looking-statements/) - [UK Tax Strategy](https://blog.fluenceenergy.com/hubfs/2023%20Fluence%20UK%20Tax%20Strategy_final.pdf) Any transfer of personal data processed by Fluence entities established in the European Economic Area (including the member states of the European Union, Iceland, Norway, Switzerland, and Liechtenstein) to areas outside of this area is based on Binding Corporate Rules and EU Standard Contractual Clauses. Website by ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Alison Mickey, Sr. Director of Communications", "url" : "https://blog.fluenceenergy.com/author/alison-mickey-sr-director-of-communications" }, "dateModified" : "2021-02-17T16:19:53.236Z", "datePublished" : "2020-12-30T11:30:00.000Z", "headline" : "Qatar Investment Authority Commits to Invest $125M in Fluence to Accelerate Growth and Drive Energy Storage Deployment", "image" : [ "https://blog.fluenceenergy.com/hubfs/QIA-social-share-image8.png" ], "mainEntityOfPage" : { "@id" : "https://blog.fluenceenergy.com/qatar-investment-authority-commits-to-invest-125m-in-fluence", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "//blog.fluenceenergy.com/hubfs/Fluence_logo_with_copyline_WEB.png" }, "name" : "Fluence" } } ```