Abu Dhabi Investment Authority to acquire a minority stake in INNIO Group from Advent International for €2.25bn.

Abu Dhabi Investment Authority, an investment management agency investing funds on behalf of the Government of Abu Dhabi agreed to acquire a minority stake INNIO Group from Advent International for €2.25bn. "With ADIA, we are looking forward to welcoming an additional strong partner, whose focus on long-term value creation and broad experience in the renewable energy sector supports our ambition to enable the transition to green energy. In addition, ADIA’s global and local expertise will allow us to further strengthen our business in the MENA region," Olaf Berlien, INNIO President and CEO.