FLC 8.70% 12.5¢ fluence corporation limited

Ann: EMC Signs Strategic China Regional Partnership-EMC.AX, page-128

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    Very interesting to see Energy Technology Venutres LLC being a big buyer recently (in addition to GE ventures also being a large net buyer). A bit about ETV below. Can't help but feel this is a strategic play by some very large players with global ambitions?

    Investor Details

    Update
    Founded:January 27, 2011Aliases:ETV, Energy TechType:Venture Capital that does Early Stage Venture and Later Stage Venture InvestmentsSectors:Clean Technology, Hardware + Software, SoftwareRegions:Canada Europe, Israel, United States
    Founded in January 2011, Energy Technology Ventures is a joint venture involving General Electric, NRG Energy, and ConocoPhillips. The fund is focused on the development of next-generation energy technologies. The JV invests in, and offers commercial collaboration opportunities to, venture- and growth-stage energy technology companies in the renewable power generation, smart grid, energy efficiency, oil, natural gas, coal and nuclear energy, emission controls, water and biofuels sectors, primarily in North America, Europe and Israel. With their wide range of deep technical and financial expertise, relationships, services and products, the three companies behind Energy Technology Ventures intend to help start-ups develop next-generation energy technology.
    The joint venture brings together three market-leading companies with complementary capabilities and significant strategic interests in the development of next-generation energy technology. This is the first corporate venture investment program by both NRG Energy, owner and operator of one of the country's largest and most diverse power generation portfolios, and ConocoPhillips, the third-largest US integrated energy company. GE Capital, through its business units GE Energy Financial Services and GE Capital, Equity, is already among the world's most active energy technology venture and growth capital investors.
    https://www.crunchbase.com/organization/energy-technology-ventures
 
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