Austrian technology engineering firm INNIO is set to make waves in the US energy sector with its recent announcement of the acquisition of Northeast-Western Energy Systems (NES-WES) from Penn Power Group. This strategic move represents a significant step forward for INNIO as it aims to solidify its position in the US market and expand its offerings in distributed energy solutions, microgrids, and renewable technologies.

NES-WES, a renowned US-based power systems integrator and one of the leading distributors for Jenbacher solutions globally, has been a valued partner of INNIO for the past two decades. During this period, INNIO and NES-WES have worked together to develop the North American market, resulting in a robust local installed base for INNIO's Jenbacher product brand.

NES-WES boasts an extensive installed base of Jenbacher engines in the 500 kW to 5.0 MW range, supported by a formidable parts and service infrastructure. This forms a solid foundation for the establishment of a nationwide leading distributed energy business that integrates engines, renewable technologies, energy storage systems, standby power systems, microgrids, and related services.

Through this acquisition, INNIO can rapidly expand its business and increase its market share in firm-hybrid microgrids, peaking power, and renewable gas applications. Dr. Olaf Berlien, President and CEO of INNIO Group, commented, "Not only can we increase our offering for new installations and related services, but we add outstanding microgrid and project management expertise to our team."

Al Clark, President and CEO of NES-WES, emphasized their familiarity with the Jenbacher product portfolio and applications, and their firsthand experience of the growing demand for INNIO's energy solutions. NES-WES has a strong in-house team capable of designing, integrating, building, operating, and maintaining distributed energy systems, microgrids, balance of plant systems for continuous duty, peaking, and fast-start data center applications.

The transaction is expected to be completed in the fourth quarter of 2023, setting the stage for INNIO Group's enhanced presence in the dynamic US energy landscape. This partnership represents a significant stride toward providing cutting-edge energy solutions that contribute to a sustainable and efficient future.

Source: powerengineeringint.com