INNIO strengthens its regional footprint by acquiring Enerflex Ltd. APAC operations, enhancing service capabilities and expanding its presence across the Asia-Pacific market
INNIO Group, a global leader in distributed energy solutions and energy services, has announced its intention to acquire the aftermarket operations of Enerflex across Australia, Thailand, and Indonesia. The two companies have signed a binding agreement for the transaction, marking a significant step in INNIO’s strategy to accelerate its growth in the Asia-Pacific (APAC) region and further strengthen its customer proximity in key energy markets.
The transaction remains subject to customary closing conditions and regulatory approvals. If these conditions are met as expected, completion of the acquisition is anticipated in the second half of 2026. The move represents a strategic expansion of INNIO’s regional service capabilities and underscores its long-term commitment to supporting customers across the APAC energy landscape.
Strategic Expansion in the Asia-Pacific Region
The Asia-Pacific region continues to play an increasingly critical role in the global energy transition. Rapid industrialization, growing populations, and rising demand for reliable and sustainable power solutions have created strong market momentum for decentralized and flexible energy systems. By acquiring Enerflex’s aftermarket business in Australia, Thailand, and Indonesia, INNIO is positioning itself closer to customers operating in oil and gas, industrial, and power generation sectors throughout the region.
Enerflex’s APAC aftermarket operations span three countries and eight locations. The business includes well-established workshop and office facilities, supported by a robust installed equipment base. These operations are reinforced by long-term service contracts with leading oil and gas companies, offering recurring revenue streams and strong customer relationships.
Through this acquisition, INNIO will integrate Enerflex’s regional service expertise, workforce, and infrastructure into its own operational framework. The result will be an expanded service footprint that enhances responsiveness, reliability, and technical support for customers across Australia and Southeast Asia.
Dr. Dennis Schulze, Chief Financial Officer of the INNIO Group, emphasized the strategic importance of the agreement. He noted that integrating Enerflex’s APAC expertise will strengthen INNIO’s service portfolio while creating tangible added value for customers. He also highlighted the long-standing partnership between the two companies, expressing confidence that the expanded collaboration will further drive regional growth.
Strengthening Customer-Centric Energy Solutions
A key element of INNIO’s corporate strategy is customer proximity. In distributed energy markets, local presence and rapid response capabilities are essential. Customers in sectors such as oil and gas compression, industrial power generation, and decentralized electricity production require consistent uptime and immediate technical support. By expanding its aftermarket operations, INNIO ensures it can deliver faster service interventions, optimized maintenance programs, and improved lifecycle management for installed assets.
The acquisition reinforces INNIO’s commitment to providing end-to-end energy solutions—from equipment supply and commissioning to long-term service agreements and digital monitoring. In a market environment where reliability and efficiency are paramount, expanding local service capacity significantly enhances the company’s value proposition.
Additionally, the transaction builds upon INNIO’s 2024 acquisition of Souer in Thailand, which strengthened its footprint in Southeast Asia. Together, these strategic moves create a comprehensive platform for long-term expansion across APAC, combining manufacturing excellence, digital innovation, and robust aftermarket services.
Enerflex’s Aftermarket Expertise in APAC
Enerflex’s aftermarket business in Australia, Thailand, and Indonesia is characterized by a strong installed base of gas compression and processing equipment. The operations include comprehensive workshop facilities capable of conducting overhauls, retrofits, and component refurbishments. Local engineering teams provide technical support and field services, ensuring continuous operation of energy infrastructure assets.
The installed base is backed by long-term service agreements with prominent oil and gas operators, offering stability and predictable cash flows. These service contracts cover maintenance, spare parts supply, inspections, and technical upgrades—essential components of ensuring operational reliability in remote or demanding environments.
By integrating these operations into its structure, INNIO gains immediate access to experienced personnel, established customer relationships, and a scalable service network. This strengthens the company’s competitive position in APAC while accelerating its regional growth strategy.
Expanding the Waukesha Portfolio in APAC
A central pillar of INNIO’s energy solutions portfolio is its Waukesha engine line. Waukesha gas engines are widely recognized for their durability, efficiency, and reliability in decentralized power and gas compression applications.
Designed for outputs ranging from 200 kW to 3.7 MW, Waukesha engines are engineered to operate in demanding conditions while maintaining low emissions and high fuel flexibility. They are commonly deployed in oil and gas compression stations, industrial facilities, independent power generation sites, and off-grid installations.
In the APAC region, decentralized energy solutions are increasingly vital. Many industrial operations are located in remote areas with limited grid access. Reliable on-site generation and gas compression systems are therefore critical for continuous production. With an expanded aftermarket service presence, INNIO can better support Waukesha installations throughout their lifecycle, reducing downtime and maximizing performance.
The acquisition of Enerflex’s APAC aftermarket business will also enhance spare parts availability, technical expertise, and maintenance capabilities for Waukesha customers across the region. This ensures greater operational resilience and strengthens long-term customer partnerships.
Digital Innovation Through myplant
Beyond hardware solutions, INNIO differentiates itself through digital innovation. The company’s AI-powered digital platform, myplant, provides advanced monitoring, analytics, and predictive maintenance capabilities. By collecting and analyzing real-time operational data from installed engines and systems, myplant enables customers to optimize performance, reduce emissions, and anticipate maintenance needs before failures occur.
As INNIO integrates Enerflex’s APAC operations, the expansion of digital services will play an important role. Customers in Australia, Thailand, and Indonesia can benefit from enhanced connectivity and performance insights through myplant, supporting data-driven decision-making and improved asset utilization.
Combining strong local service teams with advanced digital monitoring creates a powerful service ecosystem. This integration aligns with broader industry trends toward digitalization and remote asset management, particularly in geographically dispersed regions such as Southeast Asia and Australia.
Supporting the Energy Transition
INNIO’s growth strategy in APAC aligns closely with global energy transition objectives. As industries seek to reduce carbon emissions and improve efficiency, decentralized gas engines and flexible power generation systems play a crucial bridging role. They enable the integration of renewable energy sources while maintaining grid stability and reliability.
Waukesha engines and other INNIO solutions are designed to operate with lower emissions and support fuel flexibility, including the use of renewable gases where available. By expanding its service footprint in APAC, INNIO is ensuring that customers can maintain high-performance standards while gradually transitioning toward more sustainable energy models.
The acquisition also strengthens INNIO’s ability to serve data centers and industrial customers requiring resilient energy infrastructure. As digital infrastructure expands across Asia-Pacific, reliable decentralized energy generation becomes increasingly critical to ensuring uninterrupted operations.
A Foundation for Long-Term Regional Growth
The acquisition of Enerflex’s APAC aftermarket operations represents more than a simple expansion of service facilities. It establishes a long-term platform for sustainable growth in one of the world’s most dynamic energy markets.
Australia remains a key hub for natural gas production and industrial activity, while Thailand and Indonesia are rapidly growing economies with expanding energy needs. By embedding itself more deeply in these markets, INNIO enhances its ability to capture future opportunities in gas compression, decentralized generation, and hybrid energy solutions.
The transaction also demonstrates INNIO’s disciplined approach to strategic acquisitions. By targeting complementary operations with established customer bases and recurring revenue streams, the company reinforces its financial stability while accelerating regional expansion.
