Modine Signs $4 Billion Supply Agreement for Airedale Data Center Cooling Products

May 26, 2026
Modine has signed a long-term capacity agreement worth over $4 billion with a strategic data center customer, ensuring supply of Airedale by Modine cooling products through 2029 and receiving a $165 million upfront payment to expand capacity.

Modine has entered into a long-term capacity agreement valued at more than $4 billion with one of its strategic data center customers for its Airedale by Modine cooling products, announced in a press release. The agreement covers product supply for calendar years 2027 through 2029.

Under the terms of the agreement, Modine will guarantee production capacity to meet customer demand for its data center cooling systems. The company also received an upfront payment of $165 million to support capacity investments and other expenditures linked to the contract.

The deal strengthens Modine's data center segment and supports its efforts to expand operations to meet customer requirements for advanced cooling technology. Modine's Airedale division provides thermal management solutions designed for high-performance computing environments.

We hope you enjoyed this article.

Consider subscribing to one of our newsletters like Silicon Brief or Daily AI Brief.

Also, consider following us on social media:

AI Chips & Datacenters AI Brief AI Brief (X)

More from: Data Centers

05/26
VNET Group Reports 20% Revenue Growth in Q1 2026, Driven by Wholesale Data Center Expansion
05/26
Silicom Wins $5 Million Annual Design Deal for White Label Switch Family
05/26
Skymizer and VIA NEXT Partner on AI Inference and Chiplet Integration
05/26
Schneider Electric Delivers $290 Million AI Infrastructure to TeraWulf’s Lake Mariner Campus
05/26
Tamnoon Expands Cloud Security Platform with Skill-Based Remediation

Subscribe to Silicon Brief

Weekly coverage of AI hardware developments including chips, GPUs, cloud platforms, and data center technology.

AI Token Webinar

Market report

AI’s Time-to-Market Quagmire: Why Enterprises Struggle to Scale AI Innovation

ModelOp

The 2025 AI Governance Benchmark Report by ModelOp provides insights from 100 senior AI and data leaders across various industries, highlighting the challenges enterprises face in scaling AI initiatives. The report emphasizes the importance of AI governance and automation in overcoming fragmented systems and inconsistent practices, showcasing how early adoption correlates with faster deployment and stronger ROI.

Read more

You May Also Like