Trane Technologies to acquire Stellar Energy Digital data-center cooling business

Trane Technologies entered a definitive agreement to acquire the Stellar Energy Digital business, a Jacksonville-based provider of turnkey liquid-to-chip data center cooling solutions with ~700 employees. The bolt-on deal is expected to close in early 2026; Morgan Stanley advised Trane.

“SWORDS, Ireland — Trane Technologies announced that it has entered into a definitive agreement with Stellar Energy International, Ltd. to acquire the Stellar Energy Digital business (“Stellar Energy”), a provider of turnkey liquid-to-chip data center cooling solutions.”

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