Google has been identified as the unnamed hyperscaler behind Modine Manufacturing’s more than $4 billion cooling-equipment agreement, based on internal planning data reported by Hunterbrook Media. The agreement covers about 3,512 Airedale-branded 3 MW chillers valued at approximately $4.214 billion, with deliveries scheduled from 2027 through 2029 and a $165 million upfront payment for manufacturing capacity. Hunterbrook said the data showed an additional roughly $4.5 billion of potential Google business, including about $433 million already converted into bookings, bringing estimated live Google demand to approximately $8.2 billion gross, or $6.1 billion on a probability-adjusted basis. The report also estimated AWS gross modeled demand through 2033 at about $12.4 billion, including approximately $741 million classified as won, and total Modine pipeline at nearly $23 billion. Applying Modine’s conversion assumptions, Hunterbrook estimated $540 million of data-center revenue for the September quarter and $2.3 billion for fiscal 2027, above company guidance. Modine shares climbed more than 5% in pre-market trading after the report, while the company has not publicly commented. Hunterbrook disclosed that its affiliated fund held a long position in Modine and a short position in a basket of comparable companies.