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Modine’s $4 billion AI data-centre cooling deal: the next AI infrastructure trade?
Modine Manufacturing is showing how the AI boom is spreading beyond chips. The company announced a long-term agreement to supply more than $4 billion of Airedale data-centre cooling products from 2027 to 2029, with upfront funding to support capacity expansion.
AI data centres need far more than GPUs: power, cooling, electrical systems, grid upgrades, networking and construction.
Winners
Data-centre cooling and thermal management
This is the most direct winner group. AI servers generate more heat than traditional workloads, so operators need chillers, air handlers and advanced thermal…
The skinny
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