INNIO Group

INNIO Group is a global energy solutions company that manufactures reciprocating gas engines under its Jenbacher and Waukesha brands for distributed power generation, gas compression, and data center backup power. Advent International carved the business out of General Electric's Distributed Power division in 2018. INNIO has grown into a fast-growing, highly profitable energy platform benefiting from AI-driven data center demand, and listed on the Nasdaq Global Select Market under ticker INIO in June 2026, with Advent and the Abu Dhabi Investment Authority retaining a large controlling stake.

Company Facts

  • Headquarters: Jenbach, Austria
  • Founded: 2018
  • Employees: 5,200
  • Type: mature
  • Website: innio.com
  • Industries: Energy, Gas Engines, Power Generation, Industrial, Data Center Infrastructure

Key People at INNIO Group

  • Andreas Kunz — Chief Technology Officer
  • Dennis Schulze — Chief Financial Officer
  • Olaf Berlien — President and Chief Executive Officer

Investors & Owners

  • Advent International

Recent Transactions

  • Advent International Carve-Out of GE Distributed Power (INNIO)