INIO

INNIO wins 1.1 Gigawatt Gas Engine Order for Major Data Center Campus

INNIO secures 1.1 GW data-center order, expanding multi-year backlog

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    <h3>Information</h3>
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    <h3>AI Summary</h3>
    <p>INNIO announced a landmark 1.1 GW gas-engine order for behind-the-meter data-center power, booked in Q2 2026. The deal covers over 200 Jenbacher J624 engines with phased deliveries, boosting multi-year revenue visibility amid rising on-site power demand for AI workloads. The release also highlights ESG accolades and a 3 MW hydrogen-fueled backup-data-center demonstration earlier this year.</p>
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  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>INNIO lands a 1.1 GW data-center order; booked in Q2 2026.</li><li>Over 200 Jenbacher J624 engines to supply behind-the-meter prime power.</li><li>Deliveries phased over multi-year horizon; strengthens revenue visibility.</li><li>EcoVadis Platinum Medal; hydrogen-fueled 3 MW backup demo highlighted.</li></ul>
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  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>INNIO N.V. (INIO)</strong>: Announced a 1.1 GW data-center order; supports multi-year revenue visibility and AI-driven power needs.</li><li><strong>EcoVadis (N/A)</strong>: Platinum ESG medal; reinforces sustainability leadership and potential ESG-related investor interest.</li><li><strong>Net Zero Innovation Hub for Data Centers (N/A)</strong>: Collaborator on hydrogen-backup power demonstrations; reinforces hydrogen-fuel capability narrative.</li></ul>
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  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Category: Corporate Developments; the press release announces a significant contract win and ESG milestones, indicating strategic momentum in INNIO&#039;s data-center power segment.</p>
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  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>1.1 GW order booked in Q2 2026 increases INNIO&#039;s backlog and visibility.</li><li>Delivery phasing across multiple years supports revenue recognition cadence.</li><li>Data-center AI demand reinforces on-site power trend for Jenbacher engines.</li></ul>
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  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>1.1 GW equipment order intake booked in Q2 FY2026.</li><li>Over 200 Jenbacher J624 engines to be deployed.</li><li>Behind-the-meter prime power generation for data centers.</li><li>3 MW hydrogen-fueled backup data-center demonstration completed earlier this year.</li><li>EcoVadis Platinum Medal awarded for the fifth consecutive year.</li></ul>
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  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Bullish near-term on expanded backlog and revenue visibility; monitor order flow and deliveries through 2027.</p>
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  <section>
    <p><strong>INNIO N.V.</strong> (NASDAQ: INIO) today announced a landmark order to supply approximately <strong>1.1 gigawatts (GW)</strong> of gas engine capacity to a leading developer and operator of mega-scale data center campuses. The order, one of the largest in INNIO's history, is expected to support the customer’s expanding portfolio of projects and underscores growing demand for reliable and flexible on-site power solutions. The equipment order intake was booked in the second quarter of <strong>fiscal year 2026</strong>.</p>
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  <section>
    <h2>Key deal highlights</h2>
    <ul>
      <li>1.1 gigawatt equipment order represents one of the largest orders in INNIO’s history; Equipment Order Intake booked in the second quarter of <strong>2026</strong>.</li>
      <li>More than <strong>200</strong> INNIO Jenbacher <strong>J624</strong> engines are expected to provide <em>behind-the-meter</em> prime power.</li>
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  <section>
    <h2>Deal scope and project details</h2>
    <p>MUNICH, July 28, 2026 (GLOBE NEWSWIRE) -- INNIO N.V. (NASDAQ: INIO) today announced a landmark order to supply approximately <strong>1.1 gigawatts (GW)</strong> of gas engine capacity to a leading developer and operator of mega-scale data center campuses. The order, one of the largest in INNIO's history, is expected to support the customer’s expanding portfolio of projects and underscores growing demand for reliable and flexible on-site power solutions.</p>

    <p>"This contract highlights the strong and accelerating demand for independent, on-site power solutions in the data center sector. INNIO is well-positioned to support customers with rapidly deployable power generation solutions that deliver fuel efficiency, reliability, and sustainability. We are powering the AI revolution," said Dr. Olaf Berlien, President and CEO of INNIO.</p>

    <p>More than <strong>200</strong> INNIO Jenbacher <strong>J624</strong> engines are designed to provide resilient, scalable, and efficient on-site power generation throughout the United States. The capacity is intended to be used entirely for <em>behind-the-meter</em> prime power generation. In line with customary confidentiality practices in the data center industry, the developer's name is not disclosed at this time.</p>

    <p>The <strong>1.1 GW</strong> equipment order intake was booked in the second quarter of <strong>fiscal year 2026</strong>, reflecting strong customer demand and continued momentum in the data center sector. Deliveries are scheduled in phases, providing <em>multi-year revenue visibility</em>.</p>

    <p>INNIO’s Jenbacher J624 has set the industry standard for high-speed engines in its power class and is well positioned to meet the requirements of data center operators. It offers key advantages over alternative technologies: superior power density, ease of transport, containerization for fast deployment, more stable load-following, and lower redundancy requirements – enabling reliable performance under very demanding AI data center load profiles.</p>
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  <section>
    <h2>Sustainability leadership and industry recognition</h2>
    <p>INNIO has been recognized multiple times in the past for its commitment to sustainability. The company has received the <strong>EcoVadis Platinum Medal</strong> for the fifth consecutive year, placing it among the top 1% of all rated companies. Earlier this year, INNIO, together with the Net Zero Innovation Hub for Data Centers, completed a landmark, industry-first demonstration of backup power for data centers using 100% hydrogen-fueled gas engines at the 3 MW scale.</p>
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  <section>
    <h3>Forward-Looking Statements</h3>
    <p>This press release includes forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact contained in this press release, including statements regarding our future results of operations and financial position, industry dynamics, business strategy, order expectations and plans and our objectives for future operations are forward-looking statements. In some cases, you can identify forward-looking statements by terms such as "may," "will," "should," "aim," "expect," "plan," "anticipate," "could," "intend," "target," "project," "contemplate," "believe," "estimate," "predict," "potential" or "continue" or the negative of these words or other similar terms or expressions that are intended to identify forward-looking statements.</p>

    <p>These forward-looking statements involve known and unknown risks, uncertainties, changes in circumstances that are difficult to predict and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statement. In light of these risks, uncertainties and assumptions, the forward-looking events and circumstances discussed in this press release may not occur and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. We caution you therefore against relying on these forward-looking statements, and we qualify all of our forward-looking statements by these cautionary statements. For additional information on other potential risks and uncertainties that could cause actual results to differ from expected results, please refer to those set forth under "Risk Factors" in our Registration Statement on Form S-1/A, filed with the Securities and Exchange Commission on May 26, 2026.</p>

    <p>The forward-looking statements included in this press release are made only as of the date hereof. We undertake no obligation to update any forward-looking statements for any reason after the date of this press release to conform these statements to actual results or to changes in our expectations, except as may be required by law.</p>
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  <section>
    <h2>About INNIO</h2>
    <p>INNIO N.V. (NASDAQ: INIO) is a global distributed energy solutions provider that delivers reliable, flexible, transient, decentralized, modular, and efficient power. With a track record of innovation, INNIO designs, manufactures, and services high-performance power systems under its Jenbacher and Waukesha brands. INNIO delivers power for applications including data centers, microgrids, grid stabilization, industrial energy, and gas compression.</p>

    <p>INNIO has global coverage across approximately 100 countries as of December 31, 2025, supported by a resilient, high-margin services business that delivers long-term, recurring revenues across the full equipment lifecycle. As electricity demand accelerates—driven by AI, electrification and grid constraints—INNIO enables scalable, behind-the-meter power generation with high efficiency, fast-start capability, strong transient performance, and fuel flexibility, including hydrogen-ready solutions. Headquartered in Munich, Germany, INNIO employs over <strong>5,000</strong> people worldwide as of December 31, 2025, and is committed to <em>moving energy forward</em>.</p>

    <p>For more information, visit INNIO’s website at innio.com. Follow INNIO on LinkedIn.</p>
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  <section>
    <h3>Media relations</h3>
    <p>Stefan Schmidt<br>INNIO<br>+43 664 80833 2626<br>stefan.schmidt@innio.com</p>
    <p>Alexander Becker<br>INNIO<br>+43 664 80833 1998<br>alexander.Becker@innio.com</p>
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  <section>
    <h3>Investor Relations</h3>
    <p>Timothy Furcillo, INNIO<br>+1 262 2690525<br>timothy.furcillo@innio.com</p>
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INNIO announced a landmark 1.1 GW gas-engine order for behind-the-meter data-center power, booked in Q2 2026. The deal covers over 200 Jenbacher J624 engines with phased deliveries, boosting multi-year revenue visibility amid rising on-site power demand for AI workloads. The release also highlights ESG accolades and a 3 MW hydrogen-fueled backup-data-center demonstration earlier this year.

News insight

INNIO wins 1.1 Gigawatt Gas Engine Order for Major Data Center Campus

AI summary

Sentiment rationale

Key facts

Corporate Developments