INNIO Group welcomes strategic partnership between Heaten and AI Alpine
- Strategic partnership presents significant potential for future collaboration and synergies between INNIO Group and Heaten under the AI Alpine umbrella.
- INNIO Group and Heaten will help accelerate the decarbonization of the energy industry by leveraging Heaten’s very high-temperature heat pump solutions and INNIO’s expertise in power generation.
The INNIO Group welcomes the acquisition of the Norwegian industrial heat pump manufacturer Heaten AS by its parent company AI Alpine (Luxembourg) S.à r.l. This strategic partnership brings significant synergies to the energy industry, enabling customers to generate carbon dioxide (CO2)-free heat from waste heat.
"We are excited to welcome Heaten to the AI Alpine family,” said Dr. Olaf Berlien, President and CEO of INNIO Group. “The combination of our advanced engine-based technologies will accelerate the decarbonization of the energy sector.”
Heaten plans the rollout of its innovative very high-temperature heat pump solutions, which enable the decarbonization of large segments of industrial heat by producing hot water or steam of up to 200°C. This technology will significantly benefit INNIO Group’s customers by providing a sustainable solution for generating high-temperature heat, thereby supporting their transition to net-zero.
The integration of power and heat generation enhances energy efficiency, significantly empowering the decarbonization of industry sectors such as data centers and district heating. This collaboration opens new opportunities for INNIO Group to support its growth along the energy value chain.
“The integration of Heaten’s advanced heat pump technology with INNIO Group’s expertise in developing and manufacturing megawatt (MW)-sized engines for heating and power generation will create significant synergies for industries and communities,” explained Dr. Dennis Schulze, Chief Financial Officer at INNIO Group.
INNIO Group and Heaten will soon initiate high-level discussions to explore future collaboration. The ambition is to develop larger-scale energy solutions and leverage the two companies’ portfolios of power of engineering, technology, digitization and green fuels to help drive CO2-free power and heat.
The customers of INNIO Group and Heaten could benefit significantly from this collaboration along the energy value chain. The combination of innovative, engine-based technologies supports industries and communities in their transition to net-zero.
On October 3, 2024, AI Alpine (Luxembourg) S.à r.l. (“AI Alpine”), controlled by funds managed by Advent International (“Advent”), one of the largest and most experienced global private equity investors, announced the acquisition of Heaten, a leading provider of very high-temperature heat pump solutions.
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