None
EN
Data centre cooling experts secure finance after Government assistance
['Ella Mackenzie']
Refrigeration and Air Conditioning
CSH HVAC Services utilised £250,000 to pay suppliers as AI boom fuels global demand for secondary fluid cooling networksA Sheffield-based cooling firm has announced plans to double its workforce after receiving assistance from UK Export Finance (UKEF).
CSH HVAC Services, which specialises in liquid cooling systems for data centres, secured £250,000 from commercial finance intermediary Dynamic Funding to meet growing demand overseas.
A press release from the department said CSH had grown into a world leader in data centre cooling systems after beginning as a generalist HVAC firm in 2016.
Alex Kourti, director at Dynamic Funding, said that “bridging cashflow challenges” had allowed CSH to pursue its ambitious growth plans.
Financial results posted by heating and cooling solutions supplier Danfoss last month noted that cooling demand from data centres had supplemented business in an otherwise “volatile” market.
['business'
'centre'
'firm'
'finance'
'data'
'hvac'
'secure'
'csh'
'demand'
'cooling'
'ai'
'assistance'
'funding'
'experts'
'dynamic']