Customer also signs long-term full maintenance agreement for first 500 MW, expanding INNIO’s recurring services base.

INNIO N.V. (Nasdaq: INIO) today announced a 620 megawatt (MW) follow-on order from a leading developer and operator of mega-scale data center campuses in the U.S. Together with the customer’s 1.1 gigawatt (GW) order announced in July 2026, the new order brings cumulative orders from the customer to approximately 1.72 GW, further strengthening INNIO’s order backlog and visibility into future revenues.

“This follow-on order, coming just months after the customer’s initial 1.1 GW order, underscores the strength of customer demand and continued confidence in INNIO. Our containerized Jenbacher solutions deliver what data centers need most: fast deployment, high power density, fuel efficiency, and the performance to support demanding AI workloads,” said Dr. Olaf Berlien, President and CEO of INNIO. “Repeat orders of this scale, combined with long-term service agreements, strengthen our backlog and expand the services base that underpins our business model,” added Dr. Berlien.

All 620 MW will be delivered as containerized Jenbacher J624 solutions, enabling standardized installation and accelerated deployment. The 620 MW equipment order was booked in September 2026. In line with customary confidentiality practices in the data center industry, the customer’s name is not disclosed.

Separately, the customer has signed a long-term full maintenance agreement covering the first 500 MW of the previously ordered capacity. The agreement includes all spare parts and labor through a major overhaul and supports long-term equipment availability and performance, and extends INNIO’s recurring services revenue across the equipment lifecycle. A major overhaul gives the gas engine a second operating lifecycle, restoring reliability and performance by renewing key components.

Forward-Looking Statements

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 and delivery 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.

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About INNIO

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.

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 5,000 people worldwide as of December 31, 2025, and is committed to moving energy forward.

For more information, visit INNIO’s website at www.innio.com. Follow INNIO on LinkedIn.

View source version on businesswire.com: https://www.businesswire.com/news/home/20261022191376/en/

Media relations:
Stefan Schmidt
INNIO
+43 664 80833 2626
stefan.schmidt@innio.com

Alexander Becker
INNIO
+43 664 80833 1998
alexander.becker@innio.com

Investor Relations
Timothy Furcillo, INNIO
+1 262 2690525
timothy.furcillo@innio.com

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