Ann: Fluence awarded first Aspiral Project in the Philippines, page-43

Philippines business growing. Word they may have won a couple more concrete greenfield SUBRE plants which means that acceptance is growing and size of plants increasing (plus increasing revenue and margin). Looking forward to seeing more progress here as the opportunity is similar to that of China, although with less investment, but also less competition for Fluence. Partnership with the largest conglomerate in the Philippines - Ayala (Manila Water). Being specced into tender documents as well so the future looks bright in this region.
Background https://hotcopper.com.au/posts/52695165/single