WAUKESHA, Wis.--(BUSINESS WIRE)--Aug 19, 2026--
INNIO N.V. (Nasdaq: INIO) plans to invest more than $300 million in its Waukesha, Wisconsin, facility and to create more than 500 jobs over the coming years.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260819417275/en/
“The expansion underscores our commitment to local value creation in the United States and to meeting the growing demand for decentralized energy solutions that are helping shape the future of energy,” said Roger George, CEO Waukesha, INNIO.
To support increasing customer demand in the U.S., the company plans to add new engine assembly capabilities at the site. Planned investments also include the construction of an advanced engine testing facility exceeding 80,000 square feet, along with office and shop floor renovations to strengthen operational efficiency.
Engines produced in Waukesha power critical infrastructure across the United States, including data centers, power grids, and industrial operations. The expansion brings production closer to customers, strengthening INNIO’s ability to serve the rapidly growing data center sector. INNIO’s energy solutions help address grid constraints and support a reliable and resilient power supply. INNIO currently conducts remanufacturing, repair, and overhaul operations at its Waukesha campus, which spans approximately 1.7 million square feet and includes nearly 890,000 square feet of manufacturing and operational space.
To support the planned expansion in Waukesha, INNIO is creating new employment opportunities across a range of functions, including assembly and production, engineering, machining and CNC operations, material handling and warehouse operations, as well as electrical and maintenance technician roles. Interested candidates are encouraged to explore current openings and apply here INNIO Careers.
Alongside INNIO’s U.S. facilities in Trenton, New Jersey, and Waller, Texas, the Waukesha campus serves as a key regional hub. The expanded site will support local production and testing capabilities, helping to reduce lead times while increasing capacity, operational flexibility, and responsiveness to customer needs.
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 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.
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.
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.
About INNIO N.V.
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 innio.com. Follow INNIO on LinkedIn.
Left to right: John W. Miller, Secretary and CEO of the Wisconsin Economic Development Corporation (WEDC); Martin Mühlbacher, Senior Vice President Operations, Jenbacher, INNIO; Alicia Halvensleben, Mayor of Waukesha; and Roger George, CEO Waukesha, INNIO
INNIO Expands Waukesha Site to Meet Growing Demand for Decentralized Energy Solutions in the U.S.
KYIV, Ukraine (AP) — Ukrainian President Volodymyr Zelenskyy fired one of his most senior officials Wednesday as corruption investigators named a deputy head of the presidential office among the suspects in a money-laundering case.
The stunning developments came a day after Ukraine’s recently fired defense minister demanded national elections, despite Russia’s more than 4-year-old invasion. Zelenskyy has maintained that such a ballot is not allowed under wartime laws.
Although Zelenskyy was not implicated in the graft investigation, it threatened to pull him into another political crisis and provide another test of his resilience.
Investigators gave few details of the probe. It has identified a group of people alleged to have laundered 150 million hryvnias ($3.4 million) to pay bail for a defendant in a major graft case last year, the National Anti-Corruption Bureau said.
That case, involving the state-owned nuclear power company, brought the resignations of Ukraine’s justice and energy ministers.
The latest suspects include a former lawmaker, the chairperson of a state bank’s board and the head of the bank’s supervisory board, as well as a deputy head of the presidential office, the agency said.
Zelenskyy made no public comment on the investigation but issued a decree dismissing Iryna Mudra as deputy head of the Office of the President. Investigators have not named her as a suspect.
Investigators searched Mudra’s office Wednesday, said lawmaker Oleksii Honcharenko.
Zelenskyy remains dogged by high-level graft investigations, although he has never been named as a suspect even as the probes have engulfed officials close to him. Last year, his chief of staff Andriy Yermak resigned and later was named as a suspect in a major graft probe involving a luxury construction project in the biggest threat to Zelenskyy’s government since Russia’s 2022 invasion.
The European Union has identified deep-seated corruption as one of the major hurdles to Ukraine's desired membership in the bloc.
Zelenskyy is already under pressure over his firing last month of Defense Minister Mykhailo Fedorov, one of the longest-standing members of his team and a close ally since helping him win the 2019 presidential election.
Zelenskyy, seeking to reconcile tensions between the Defense Ministry's young and tech-savvy innovators and Ukraine's seasoned, Soviet-trained battlefield leaders, risked angering both sides by reshuffling his wartime leadership. He ousted both Fedorov, whose changes to military procurement aimed to stamp out corruption, and commander-in-chief Gen. Oleksandr Syrskyi.
That sparked street protests supporting Fedorov. For Zelenskyy, it was the second time in a year that a move triggered a strong public backlash, after he tried to curb the powers of anti-corruption agencies in 2025.
Fedorov, in an address posted to YouTube late Tuesday, called for elections — appearing to directly confront Zelenskyy, who notes the constitution prohibits such a vote under martial law.
“We must find a legal, safe and realistic mechanism that will allow Ukraine to restore a full democratic process even amid a prolonged war,” Fedorov said.
He said Ukraine faces a crisis in how it is governed, arguing the current system is oriented toward protecting itself and resisting change. He also condemned corruption among officials without naming anyone, saying it had weakened Ukraine’s ability to fight.
Zelenskyy’s office did not immediately comment on Fedorov’s address. It was not immediately clear whether Fedorov's appeal would resonate with Ukrainians.
Russian President Vladimir Putin, who has balked at negotiating a peace deal directly with Zelenskyy, asserts the Ukrainian president is an illegitimate leader because his term expired in 2024.
Also on Wednesday, lawmakers approved Zelenskyy's candidate, Maj. Gen. Yevhenii Khmara, as the new defense minister, a move that effectively closes the door to Fedorov’s return to the post, which he has sought, anytime soon.
Lawmakers also gave their consent for Andrii Sybiha to stay on as foreign minister after serving in an interim role.
The political disarray follows recent successes for Ukraine in the war. Using innovative drone technology, it has repeatedly hit Russian oil facilities, causing fuel shortages. It has also shocked the Russian public by striking warehouses of Wildberries, the country's biggest online retailer, and stalled front-line advances by Moscow's bigger army.
But Zelenskyy has been unable to get traction in U.S.-led peace efforts, and Ukraine is at the mercy of Russia's ballistic missiles because more U.S.-made Patriot interceptors aren't available due to low international stockpiles.
In its latest attack, a Ukrainian drone hit an oil refinery in Ufa in Russia's Bashkortostan, its Gov. Radiy Khabirov was quoted as saying by Russian state news agency RIA Novosti. There are three oil refineries in Ufa, and all have been attacked.
The Russian Defense Ministry said its air defenses overnight intercepted 453 Ukrainian drones over multiple regions, as well as Russian-held Crimea and the Black Sea.
It said Russian forces on Tuesday hit a bulk carrier in the Black Sea, southeast of Odesa, that was carrying military equipment. On Wednesday, the Russian military struck what it said were fuel and lubricant storage tanks for the Ukrainian armed forces in the southern port of Chornomorsk.
A Russian drone struck a minibus in Kherson in southern Ukraine on Wednesday, killing four people, said Oleksandr Prokudin, head of the regional military administration, adding that four women were wounded. Another Russian drone struck a civilian car in the regional capital, killing a woman, he said.
Amid the fighting, Russia and Ukraine swapped 103 prisoners of war, according to Zelenskyy and the Russian Defense Ministry.
Hatton reported from Lisbon, Portugal.
Follow the AP’s coverage of the war in Ukraine at https://apnews.com/hub/russia-ukraine
The National Music Academy, right, is reflected on a metro entrance at Independence square where Ukrainian flags and photographs are placed in memory of civilians and soldiers killed during the war with Russia, in central Kyiv, Tuesday, Aug. 18, 2026. (AP Photo/Francisco Seco)
Ukrainian soldiers speak to their relatives after returning from captivity after a Prisoners of War (POWs) exchange between Russia and Ukraine, in Chernyhiv region, Ukraine, Wednesday, Aug. 19, 2026. (AP Photo/Francisco Seco)
People sing and hold up their cell phone flashlights during a rally to protest the dismissal of Mykhailo Fedorov as Ukraine's Defense Minister in Kyiv, late Sunday, Aug. 16, 2026. (AP Photo/Francisco Seco)
People stand still for a minute of silence during a rally to protest against the dismissal of Mykhailo Fedorov as Ukraine's Defense Minister in Kyiv, Sunday, Aug. 16, 2026. (AP Photo/Francisco Seco)
People march during a rally to protest the dismissal of Mykhailo Fedorov as Ukraine's Defense Minister in Kyiv, late Sunday, Aug. 16, 2026. (AP Photo/Francisco Seco)
FILE - Ukraine's Defense Minister Mykhailo Fedorov speaks to journalists during a joint press conference with Sweden's Defense Minister Pal Jonson in Kyiv, Ukraine, Wednesday, July 1, 2026. (AP Photo/Efrem Lukatsky, file)
