Modine Announces Landmark $4 Billion Long-Term Capacity Agreement through 2029 with Strategic Data Center Customer for Airedale by Modine™ Cooling Solutions
Modine has secured a landmark $4 billion long-term capacity agreement with a strategic data center customer for its Airedale cooling solutions, covering calendar years 2027 through 2029. The company received a $165 million upfront cash payment to support capacity investments, significantly de-risking the execution of this multi-year commitment.
Key figures
- Deal Value Usd
- 4000000000
- Contract end year
- 2029
- Contract start year
- 2027
- Upfront cash payment
- 165000000
- Contract duration years
- 3
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