Fluence Energy (FLNC) has signed a multiyear master supply agreement with EVE Power for batteries used in energy storage systems, the company said Thursday.
The agreement provides visibility into battery volumes and pricing, Fluence Energy said.
Financial terms were not disclosed.
Shares of Fluence Energy were 4% lower in early Thursday trading.
Price: $7.30, Change: $-0.29, Percent Change: -3.76%