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Levi & Korsinsky reminds Fluence Energy, Inc. investors of the pending Class Action lawsuit with a lead plaintiff deadline of November 27, 2026 - FLNC. Oct 21, 2026, 10:13 ET Alert: Claims Focus on Alleged Misrepresentations About Contract Manufacturing Ramp-Up Delays. The action contends Fluence Energy's production sites could not support fiscal 2026 volumes, pushing $400.0 million in deliveries into fiscal 2027. NEW YORK, Oct. 21, 2026 /PRNewswire/ - Levi & Korsinsky, LLP reminds purchasers of Fluence Energy, Inc. (NASDAQ: FLNC) securities between November 24, 2025 and September 16, 2026 of a pending securities class action centered on alleged contract manufacturing production delays at the energy storage company. Find out if you might qualify for recovery. You may also contact Joseph E. Levi, Esq. at [email protected] or (212) 363-7500. THE CASE: Fluence cut its fiscal 2026 revenue outlook from a $3.4 billion midpoint to approximately $2.4 billion, a $1.0 billion reduction, and swung its adjusted EBITDA target from a $50.0 million midpoint to a loss of approximately $200.0 million. Approximately $400.0 million in project deliveries slid into fiscal 2027. Motions for lead plaintiff must be filed with the Court by November 27, 2026. Fluence relies on third-party contract manufacturers to build its energy storage systems, a model its annual report describes as "capital light." The action contends that fiscal 2026 guidance depended on new facilities that were not completed, not operational, or not capable of producing at the volumes assumed. How Contract Manufacturing Production Delays Allegedly Stalled Energy Storage Deliveries Three production sites sit at the center of the case. The annual report acknowledged that an Arizona contract manufacturer, which commissioned a new facility in 2025, struggled to scale output due to labor availability and long workforce training lead times. On August 5, 2026, the Company attributed the $400.0 million delivery slippage to "production issues at a new international contract manufacturing facility" and construction delays at a new U.S. site. The September 16, 2026 update cited continuing supply chain issues affecting U.S. production, including ramp-up delays at the Houston facility. Plaintiffs allege these capacity constraints, not customer demand, dictated how much backlog could ship in fiscal 2026. Alleged Production Impact by the Numbers * First quarter fiscal 2026 GAAP gross profit margin of approximately 4.9%, down 6.5 percentage points year over year on "additional estimated costs on two projects" * Third quarter revenue of approximately $649.8 million, which the Company called "weaker than expected, primarily reflecting production delays at new contract manufacturing facilities" * Third quarter adjusted gross profit margin of approximately 5.9%, versus approximately 15.4% a year earlier, which the Company primarily tied to revenue delays * $400.0 million in project deliveries shifted from fiscal 2026 into fiscal 2027 * Nine-month net loss of approximately $136.1 million through June 30, 2026, versus approximately $92.1 million a year earlier Record Backlog, Stalled Output Backlog climbed from approximately $5.3 billion to a record $6.4 billion between September 30, 2025 and June 30, 2026, even as production lagged. "The complaint raises serious questions about whether investors received accurate information about the readiness of the factories Fluence relied on. Shareholders are entitled to understand how production capacity at the Arizona, Houston, and international sites was reflected in fiscal 2026 guidance," said Joseph E. Levi, Esq., managing partner of Levi & Korsinsky, LLP. WHY LEVI & KORSINSKY - Ranked in ISS Securities Class Action Services' Top 50 Report for seven consecutive years, Levi & Korsinsky, LLP is a nationally recognized leader in shareholder rights litigation. With a team of over 70 professionals, the firm has recovered hundreds of millions of dollars for investors. Investors who suffered losses have until November 27, 2026 to seek appointment as lead plaintiff. Frequently Asked Questions About the FLNC Lawsuit Q: How much did FLNC stock drop? A: The complaint tracks three successive declines. First, on February 5, 2026, shares reportedly declined $10.04, or approximately 34.63%, to close at $18.95 per share. Then, on August 6, 2026, shares fell a further $1.02 per share, or about 7.17%, to close at $13.21. The stock fell a final $1.39 per share, or about 15.36%, to close at just $7.66 per share on September 17, 2026. Investors who purchased shares during the Class Period at allegedly artificially inflated prices and suffered losses may be eligible to seek compensation. Q: What specific misstatements does the FLNC lawsuit allege? A: The complaint alleges Fluence Energy made materially false or misleading statements during the Class Period regarding its ability to deliver its backlog and recognize the revenue underlying its fiscal 2026 guidance, which allegedly depended on new contract manufacturing facilities that were not completed, not operational, or not capable of producing at assumed volumes. When the Company disclosed production delays, $400.0 million in deliveries pushed into fiscal 2027, and reduced guidance, the stock price declined sharply. Q: When did Fluence Energy allegedly mislead investors? A: The Class Period runs from November 24, 2025 to September 16, 2026. The complaint alleges that corrective disclosures on February 4, 2026, August 5, 2026, and September 16, 2026 each revealed information that caused significant stock declines. Q: What do FLNC investors need to do right now? A: Investors may gather brokerage records showing purchase dates, share quantities, and prices paid. Submit your information for a no-cost, no-obligation evaluation of your potential recovery. No immediate action is required to remain eligible as an absent class member. Q: What happens after I contact Levi & Korsinsky? A: An attorney will review your trading history at no cost and provide an initial assessment of your potential eligibility. Q: What if I already sold my FLNC shares - can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought during the Class Period and sold at a loss may still be eligible to participate. Q: Do I need to go to court or give testimony? A: No. The overwhelming majority of class members never appear in court or give depositions. If there is a settlement or recovery, eligible class members generally submit a claim form to seek their portion. Q: What if I live outside the United States? A: U.S. securities class actions generally cover purchases on U.S. exchanges regardless of the investor's country of residence. Levi & Korsinsky, LLP Joseph E. Levi, Esq. Ed Korsinsky, Esq. 33 Whitehall Street, 27th Floor New York, NY 10004 Tel: (212) 363-7500 Fax: (212) 363-7171 Attorney Advertising. Prior results do not guarantee similar outcomes. SOURCE Levi & Korsinsky, LLP

Vattenfall awards 1 GWh Brunsbüttel battery storage project to Fluence. October 14, 2026 at 03:00 AM EDT i This article is third-party content and does not represent the views of this site. Tamar Securities, LLC make no guarantees regarding its accuracy or completeness. BERLIN, Oct. 14, 2026 (GLOBE NEWSWIRE) - Vattenfall and Fluence Energy, Inc. ("Fluence") (NASDAQ: FLNC), a global market leader delivering intelligent energy storage systems, services, and asset optimization software, have signed an agreement for the delivery of the planned battery storage facility in Brunsbüttel, as well as long-term service support. With an output of 254 MW and a storage capacity of over 1,000 MWh, the Brunsbüttel project, which is planned to be built at the site of the nuclear power plant that is currently being decommissioned, is expected to be among the largest battery energy storage projects in Germany and represents Vattenfall's largest battery project to date. The project is scheduled to become operational by the end of 2028. The 4-hour storage facility will utilize Fluence's Gridstack(TM) Pro 5000 platform, a large-scale battery storage solution including battery systems, power conversion equipment, and an energy management system designed to support grid resilience, renewable energy integration, and reliable system performance. Fluence will deliver the project on a turnkey basis, including engineering, procurement, construction, commissioning, and long-term service support, helping ensure the facility operates at high performance throughout its entire lifetime. Germany is currently the leading battery energy storage market in Europe, adding 6.6 GWh in 2025, according to SolarPower Europe. Growth in Germany's battery storage market is being driven by the rapid expansion of wind and solar power, increasing electricity-price volatility, declining technology costs, and the ability of storage assets to combine revenues from energy trading and grid services. "Projects like this battery storage facility play an important role in strengthening the resilience of the energy system and enabling the continued integration of renewable power generation. Together with Fluence as our long-term partner, we are creating a flexible asset that can respond to changing electricity market needs for many years to come. The project will further strengthen our portfolio of flexibility solutions and support the transition away from fossil fuels," said Claus Wattendrup, Head of Solar & Batteries, Vattenfall. "Our long-standing relationship with Vattenfall now spans eight projects across three European countries, reflecting our shared vision for a more flexible energy system. Having delivered more than 20 battery energy storage projects in Germany, Fluence is proud to be a leader in scaling battery storage as critical energy infrastructure in the country," said Julian Jansen, VP & Managing Director, Fluence Germany. Demand for utility-scale battery storage continues to grow across Germany and Europe. As wind and solar capacity expands, the need for flexible technologies capable of balancing supply and demand in real time is increasing. The Brunsbüttel battery project is a key component of Vattenfall's flexibility strategy and will nearly double the company's existing battery storage capacity. Construction of the project is expected to begin in 2027. Commissioning of the battery storage facility and its grid connection to the 50Hertz 380 kV transmission network is planned for the end of 2028. About Vattenfall Vattenfall is a European energy company with approximately 21,000 employees. For more than 100 years Tamar Securities, LLC has electrified industries, supplied energy to people's homes and modernised its way of living through innovation and cooperation. Tamar Securities, LLC is committed to building a future where everyone can choose fossil-free ways to move, make and live. To succeed Tamar Securities, LLC must become fossil free ourselves. But that's not enough. Tamar Securities, LLC is looking beyond its own industry to see where Tamar Securities, LLC can really make a difference. Together with its partners, Tamar Securities, LLC is taking on the responsibility to find new and sustainable ways to electrify transportation and industries. About Fluence Fluence Energy, Inc. (Nasdaq: FLNC) is a global market leader delivering intelligent energy storage and optimization software for renewables and storage. The Company's solutions and operational services are helping to create a more resilient grid, from powering the next generation of AI-driven data centers to unlocking the full potential of renewable portfolios. With gigawatts of projects successfully contracted, deployed, and under management across nearly 50 markets, the Company is transforming the way Tamar Securities, LLC power its world for a more sustainable future. The forward-looking statements contained in this press release are based on its current expectations and beliefs concerning future developments, as well as a number of assumptions concerning future events, and their potential effects on its business. These forward-looking statements are not guarantees of performance, and there can be no assurance that future developments affecting its business will be those that Tamar Securities, LLC has anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond its control) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements, which include, but are not limited to, severe weather events impacting the projects, disruptions in its supply chain impacting project timing, changes to the regulatory environment in Germany and Europe, general economic conditions, the potential for political, social, or economic unrest, terrorism, hostilities or war, unforeseen circumstances outside of Fluence's control which may cause the energy storage systems to not perform as anticipated, and such factors set forth under Item 1A."Risk Factors" in its Annual Report on Form 10-K for the fiscal year ended September 30, 2025, filed with the Securities and Exchange Commission ("SEC") on November 25, 2025, and in other filings Tamar Securities, LLC make with the SEC from time to time. New risks and uncertainties emerge from time to time and it is not possible for Tamar Securities, LLC to predict all such risk factors, nor can Tamar Securities, LLC assess the effect of all such risk factors on its business or the extent to which any factor or combination of factors may cause actual results to differ materially from those contained in any forward-looking statements. Should one or more of these risks or uncertainties materialize, or should any of the assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. You are cautioned not to place undue reliance on any forward-looking statements made in this press release. Each forward-looking statement speaks only as of the date of the particular statement, and Tamar Securities, LLC undertake no obligation to publicly update or revise any forward-looking statements to reflect events or circumstances that occur, or which Tamar Securities, LLC become aware of, after the date hereof, except as otherwise may be required by law. Media Contact Quirin Löffelmeier Senior Communications Manager, Fluence Germany Email: [email protected] Analyst Contact Chris Shelton, Vice President, Finance, GID, and IR Email: [email protected] Report this content If you believe this article contains misleading, harmful, or spam content, please let Tamar Securities, LLC know.