INNIO N.V. operates as a leading manufacturer of gas-fueled reciprocating engines, generator sets, and cogeneration systems for distributed power generation and gas compression. The company's business model is divided into two primary segments: Equipment and Services. The Equipment segment designs and manufactures new engines and modular power systems under the Jenbacher and Waukesha brands, catering to data centers, microgrids, industrial facilities, and the oil and gas industry. The Services segment provides high-margin, recurring aftermarket support throughout the equipment lifecycle, including long-term maintenance agreements, spare parts, overhauls, and the proprietary AI-enabled myPlant digital fleet management platform. Geographically, INNIO maintains a global footprint with manufacturing facilities in Austria, the United States, and Canada, and an installed base of over 44 GW across approximately 100 countries. The company is strategically positioned to benefit from the growing demand for behind-the-meter power generation, driven by the rapid expansion of AI data centers, grid stabilization needs, and the broader energy transition, offering fuel-flexible solutions that are hydrogen-ready.