INNIO’s order backlog jumps as AI data centers build their own power plants
Photo: Crypto Briefing
The Jenbacher and Waukesha engine maker says AI power demand and grid bottlenecks drove its equipment backlog to $8.0 billion AI data centers have a power problem, and some of them have stopped waiting on the grid to fix it. INNIO N.V. (Nasdaq: INIO), the company behind the Jenbacher and Waukesha gas engine brands, says its equipment order backlog climbed to $6.6 billion after the second quarter of 2026. That figure stood at $3.3 billion a year earlier. By the end of the third quarter, it had reached $8.0 billion. The buyers driving that growth are not traditional utilities.
Source: Crypto Briefing
