POELLATH advises the management of INNIO on its Nasdaq IPO
INNIO Group (“INNIO”), a global leader in decentralized energy solutions, has successfully placed 90 million common shares at a price of USD 27 per share on the Nasdaq in connec-tion with its initial public offering. The offering size was increased by 15 million shares com-pared to the originally planned 75 million shares. The main shareholder remains AI Alpine, a joint venture between Advent International and the Abu Dhabi Investment Authority.
The transaction consists entirely of a secondary share offering by the previous sole share-holder; INNIO itself is not offering any common shares and will not receive any proceeds from the sale of the shares. The company’s shares began trading on the Nasdaq Global Se-lect Market under the ticker symbol “INIO” on June 4, 2026. The transaction closed on June 5, 2026. It represents one of the largest U.S. IPOs to date by a company from the DACH re-gion.
Headquartered in Munich, INNIO employs more than 5,000 people worldwide and provides reliable, flexible, dynamic, decentralized, modular and efficient energy solutions for data cen-ters, microgrids, grid stabilization, industrial energy supply, and gas compression. With a global presence in around 100 countries, the company enables scalable, behind-the-meter power generation with high efficiency, fast start-up capabilities, strong load-following perfor-mance, and high fuel flexibility, including hydrogen-ready solutions.
POELLATH provided legal and tax advice to the management of INNIO on their management participation in connection with the IPO with the following Munich-based team:
- Dr. Benedikt Hohaus (partner, management participation, M&A/PE)
- Dr. Nico Fischer (partner, tax)
- Silke Simmer (counsel, management participation, M&A/PE)
