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The Power Grid — Power, Cooling & Construction · AI Chain

MOD

Modine Manufacturing
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Data-center cooling — FY28 target >$2B

What they do

Modine is a thermal-management company that pivoted hard into AI data-center cooling . FY25 data-center revenue was $644M, up 119%. Management targets >$2B by FY28. Cleanest mid-cap cooling pure-play after Vertiv.