Milbank LLP advised the underwriting banks on the Nasdaq IPO of Munich-based INNIO N.V., a leading global distributed energy solutions provider. INNIO’s shares began trading on the Nasdaq Global Select Market on June 4, 2026, under the symbol “INIO.” The transaction is one of the largest-ever US IPOs by a DACH company.
INNIO delivers reliable, flexible, transient, decentralized, modular and efficient power for data centers, microgrids, grid stabilization, industrial energy and gas compression. With global coverage across approximately 100 countries, INNIO enables scalable, behind‑the‑meter power generation with high efficiency, fast-start capability, strong transient performance and fuel flexibility, including hydrogen‑ready solutions.
The Milbank team advising the underwriter consortium was jointly led by Corporate Finance and Securities partners Rod Miller (New York), David Dixter (London) and Philipp Klöckner (Frankfurt). The team also included Tax partner Matthias Schell (Munich); and Corporate Finance and Securities special counsel Karoline König (Frankfurt), associates Ian Hunley (New York) and Russell Feinman (London) and law clerk Antonio Teodorescu (London).
