Latham Represents INNIO in Upsized US$2.43 Billion IPO

INNIO Group (INNIO), a leading global distributed energy solutions provider, has announced the pricing of its upsized IPO of 90,000,000 common shares at a public offering price of US$27 per share. The 90,000,000‑share offering represents a 15,000,000‑share upsize to the originally proposed 75,000,000‑share offering. The offering consists entirely of secondary shares to be sold by the sole selling shareholder. INNIO is not offering any common shares in the offering and will not receive any proceeds from the sale of the shares. The shares are expected to begin trading on the Nasdaq Global Select Market under the ticker symbol INIO on June 4, 2026. The offering is expected to close on June 5, 2026, subject to customary closing conditions. In addition, the selling shareholder granted the underwriters a 30‑day option to purchase up to an additional 13,500,000 common shares from the selling shareholder at the IPO price, less underwriting discounts and commissions.

Latham & Watkins LLP represents INNIO in the offering with a cross‑border Capital Markets team led by New York partners Marc Jaffe and Ian Schuman, London partner Jenna Gascoyne, and Frankfurt partner Oliver Seiler, with associates Sarah Youssefi, Connor Adams, Rebecca Reeve, Mattie Brau, Jennifer Thiessen, and Tobias Mueller.