Leaderboards / L1 Energy & DC Infra / #4
Modine Manufacturing
Active product Single-phase and two-phase immersion cooling·Thermal management OEM. Datacenter segment for CDU (coolant distribution unit) + chillers. Pivoted from auto thermal to datacenter as the priority business; renamed segment to Climate Solutions.
Rank in layer
#4
Confirmed customers
–
Recent engine activity · 90 day window
Customer wins
2
Partnerships
0
Capital events
0
Hiring (60d)
21
Customer wins
2 signals in window
Customer
2026-06-01Modine signed a $4 billion long-term capacity agreement (LTA) for data center cooling products with a major hyperscale customer, covering 2027–2029, including a $165 million upfront cash payment received in Q4 2026.
↗ finance.yahoo.comCustomer
2026-05-26Modine Manufacturing announced a $4 billion long-term agreement for data center chiller sales with a major hyperscale customer, extending through 2029.
↗ finance.yahoo.com
Partnerships & acquisitions
1 signal in window
Acquisitionacquisition
2026-06-01Modine acquired AbsolutAire, L.B. White, and Climate by Design, adding $119 million in incremental revenue.
↗ finance.yahoo.com
Hiring focus
21 roles posted in last 60 days
other
21 active postings
Notes
Active in: Single-phase and two-phase immersion cooling, Indirect/direct evaporative cooling air-handling unit (Munters/Airedale-class)
Leaderboard updated 2026-06-12 · Methodology