Swords, Ireland — Trane Technologies completes a duo of data center cooling solutions acquisitions in LiquidStack and Stellar Energy. The LiquidStack acquisition was completed in March, while the Stellar Energy acquisition was completed in February.
LiquidStack, based in Carrollton, Texas, provides advanced cooling solutions for data centers. Back in 2023, Trane acquired a minority investment in LiquidStack. With this acquisition, Trane acquires LiquidStack’s global team and manufacturing, engineering and research and development operations in Texas and Hong Kong.
As stated in the press release, “The acquisition further strengthens Trane Technologies’ position as a full‑service provider of advanced, sustainable thermal management solutions for mission-critical operations, and unlocks new opportunities to scale LiquidStack’s innovative technology globally.”
Headquartered in Jacksonville, Florida, Stellar Energy designs and builds modular cooling plants, central utility plants and coolant distribution units for liquid-cooled data centers and other complex corporate enterprises. Through this acquisition, Trane is absorbing two of Stellar Energy’s assembly operations and a team of around 700 workers.
As stated in the press release, “The acquisition further bolsters Trane Technologies’ leadership and capabilities in the high-growth data center thermal management solutions market and creates opportunities to grow and scale the Stellar Energy business and leverage their expertise in modular design, engineering and assembly across numerous core commercial verticals.”