# Coolnet and HACE form joint venture for data center cooling in Saudi Arabia

Coolnet has signed a joint venture agreement with HACE, the HVAC manufacturing business of Saudi Arabia's Shoaibi Group, to locally manufacture and supply data center cooling solutions in Saudi Arabia.

- Type: Partnership
- Announced: 2025-11-14
- Where: Saudi Arabia, Saudi Arabia
- Status: announced
- Products: data center cooling solutions
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Coolnet](https://endata.com/companies/88442.md) (partner)
- [Heating & Air Conditioning Ent. (HACE)](https://endata.com/companies/88443.md) (partner)
- [Shoaibi Group](https://endata.com/companies/88444.md) (partner)

## Sources

- [coolnetpower.com](https://www.coolnetpower.com/news/coolnet-and-hace-establish-joint-venture-to-drive-data-center-innovation-in-ksa/), 2025-11-13: "The agreement sets out cooperation on local manufacturing and supply of data center cooling solutions."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.