Qatar Investment Authority Holds 8.0% Stake in Fluence Energy

TL;DR

**QIA still owns 8% of Fluence Energy, a bullish sign for the stock.**

AI Summary

The Qatar Investment Authority (QIA) filed an amended SC 13G/A on February 8, 2024, disclosing its ownership in Fluence Energy, Inc. As of December 31, 2023, QIA beneficially owned 14,668,275 shares of Fluence Energy's Class A common stock, representing 8.0% of the company. This filing indicates a significant, but not controlling, stake by a major sovereign wealth fund, which could be seen as a vote of confidence in Fluence Energy's long-term prospects.

Why It Matters

This filing shows a major sovereign wealth fund, the Qatar Investment Authority, maintains a substantial stake in Fluence Energy, signaling continued institutional confidence in the company's future. For investors, this can be a positive indicator of long-term stability and growth potential.

Risk Assessment

Risk Level: low — This filing indicates a stable, significant ownership by a major institutional investor, which generally reduces perceived risk for other shareholders.

Analyst Insight

A smart investor would view the Qatar Investment Authority's continued significant ownership as a positive signal, suggesting long-term confidence in Fluence Energy's business model and future growth, potentially warranting further research into the company's fundamentals.

Key Numbers

• 14,668,275 — Shares Owned (The total number of Class A common stock shares of Fluence Energy, Inc. beneficially owned by the Qatar Investment Authority as of December 31, 2023.)
• 8.0% — Ownership Percentage (The percentage of Fluence Energy, Inc.'s Class A common stock beneficially owned by the Qatar Investment Authority, indicating a significant stake.)

Key Players & Entities

• Qatar Investment Authority (company) — the reporting person and beneficial owner of Fluence Energy shares
• Fluence Energy, Inc. (company) — the subject company whose shares are being reported
• 14,668,275 (dollar_amount) — the number of shares beneficially owned by Qatar Investment Authority
• 8.0% (dollar_amount) — the percentage of Class A common stock owned by Qatar Investment Authority
• December 31, 2023 (date) — the date of the event which required this filing

Forward-Looking Statements

• Qatar Investment Authority will maintain its significant stake in Fluence Energy, Inc. throughout 2024. (Qatar Investment Authority) — medium confidence, target: December 31, 2024

FAQ

Key Financial Figures

• $0.00001 — Name of Issuer) Class A common stock, $0.00001 par value (Title of Class of Securiti

Filing Documents

• fluence-sc13ga_123123.htm (SC 13G/A) — 84KB
• ex99-a.htm (EX-99.(A)) — 3KB
• ex99-b.htm (EX-99.(B)) — 5KB
• 0001999371-24-001733.txt ( ) — 93KB

From the Filing

SC 13G/A 1 fluence-sc13ga_123123.htm AMENDMENT TO FORM SC 13G SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 1) * FLUENCE ENERGY, INC. (Name of Issuer) Class A common stock, $0.00001 par value (Title of Class of Securities) 34379V103 (CUSIP Number) December 31, 2023 (Date of Event Which Requires Filing this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: Rule 13d-1(b) Rule 13d-1(c) Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP 34379V103 SC 13G Page 2 of 8 1 NAMES OF REPORTING PERSONS Qatar Investment Authority 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) (b) 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION Qatar 5 SOLE VOTING POWER NUMBER OF 14,668,275 SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY 0 EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 14,668,275 WITH: 8 SHARED DISPOSITIVE POWER 0 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 14,668,275 (See Item 4) 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 11.6% (1) 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) OO (1) Based on 125,990,935 Common Stock (as defined below), outstanding as of December 5, 2023, as reported on the Issuer’s (as defined below) prospectus supplement on Form S-3ASR, filed on December 7, 2023. CUSIP 34379V103 SC 13G Page 3 of 8 Item 1(a). Name of Issuer: Fluence Energy, Inc. (the “ Issuer ”). Item 1(b). Address of Issuer’s Principal Executive Offices: 4601 Fairfax Drive Suite 600 Arlington VA 22203 Item 2(a). Name of Person Filing: Qatar Investment Authority (the “ Reporting Person ”). Item 2(b). Address of Principal Business Office or, if none, Residence: Ooredoo Tower (Building 14), Al Dafna Street (Street 801), Al Dafna (Zone 61), Doha, State of Qatar. Item 2(c). Citizenship: Qatar. Item 2(d). Title of Class of Securities: Class A common stock, $0.00001 par value (the “ Common Stock ”). Item 2(e). CUSIP Number: 34379V103. Item 3. If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: Not applicable. Item 4. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. Amount beneficially owned: 14,668,275 Percent of class: 11.6% Number of shares as to which the person has: (i) Sole power to vote or to direct the vote 14,668,275 (ii) Shared power to vote or to direct the vote 0 (iii) Sole power to dispose or to direct the disposition of 14,668,275 (iv) Shared power to dispose or to direct the disposition of 0 CUSIP 34379V103 SC 13G Page 4 of 8 The Reporting Person, AES Grid Stability, LLC and Siemens Industry, Inc. (collectively, the “ Stockholders ”) are parties to a Stockholders Agreement (the “ Stockholder Agreement ”), which contains, among other things, certain provisions relating to transfer of, and coordination of the voting of, securities of the Issuer by the parties thereto. By virtue of the Stockholder Agreement and the obligations and rights thereunder, certain of the Reporting Persons acknowledge and agree that they are acting as a “group” with the other Stockholders within the meaning of Section 13(d) of the Securities Exchange Act of 1934, as amended (the “ Exchange Act ”). Based in part on information provided by or on behalf of such other Stockholders, as of December 31, 2021, such a “group” would be deemed to beneficially own an aggregate of 66,167,470 shares of Class A Common Stock, or 55.5% of the Class A Common Stock of the Issuer, calculated pursuant to Rule 13d-3 of the Exchange Act based on 125,990,935 shares of Class A Common Stock of the Issuer outstanding as of December 5, 2023, as reported on the Issuer’s prospectus supplement on Form S-3ASR, filed on December 7, 2023. The Reporting Persons expressly disclaim beneficial ownership over any shares of Class A Common Stock t

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