Securities and Exchange Commission (SEC) in connection with a proposed initial public offering (IPO) of its common shares.

The company stated that the number of shares to be offered, the pricing range, and the timing of the proposed offering have not yet been finalized. INNIO Group has also applied to list its common shares on the Nasdaq Global Select Market under the ticker symbol “INIO.”

Several major financial institutions are participating in the proposed IPO. Goldman Sachs, J.P. Morgan, and Morgan Stanley are serving as joint lead book-running managers. Additional book-running managers include BofA Securities, Barclays, and Citigroup.

Other financial institutions supporting the offering include Baird, BNP Paribas, Deutsche Bank, RBC Capital Markets, and UBS Investment Bank as bookrunners, while Credit Agricole CIB, Erste Group, UniCredit, Academy Securities, and Drexel Hamilton are acting as co-managers.

The company noted that the proposed IPO remains subject to market conditions and regulatory approvals, including the effectiveness of the registration statement filed with the SEC. There is no guarantee regarding whether or when the offering will be completed, nor regarding the final size or pricing of the transaction.

About INNIO Group

INNIO Group is a global provider of distributed energy solutions focused on delivering reliable, modular, decentralized, and efficient power systems. The company designs, manufactures, and services energy solutions under its Jenbacher and Waukesha brands.

Its technologies support applications including data centers, industrial energy systems, microgrids, gas compression, and grid stabilization. Operating in approximately 100 countries, INNIO maintains a large installed base supported by long-term service operations that generate recurring revenue across the equipment lifecycle.

The company stated that growing global electricity demand, driven by artificial intelligence, electrification, and increasing grid constraints, is creating strong demand for scalable behind-the-meter power generation solutions. INNIO’s systems are designed to provide fast-start capabilities, fuel flexibility, high efficiency, and hydrogen-ready functionality. Headquartered in Munich, Germany, the company employs more than 5,000 people worldwide.