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Modine Manufacturing signed a long-term capacity agreement to supply Google with approximately 3,512 Airedale 3 MW chiller units valued at roughly $4.214 billion, with deliveries from 2027 through 2029. Google made a $165 million upfront payment to fund Modine's manufacturing capacity.
“Google made a $165 million upfront payment earmarked specifically for manufacturing capacity investments.”pro.edgex.exchange
Summarized from public sources; check the original articles before acting on it.