Schneider Electric and Compass Datacenters Sign $3 Billion Agreement

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Schneider Electric and Compass Datacenters Sign $3 Billion Agreement

November 19
09:08 2023

Schneider Electric announced that it will be inking a $3 billion multi-year agreement with Compass Datacenters. The announcement was made at its Capital Markets Day meeting with investors. The agreement extends the companies’ existing relationship that integrates their respective supply chains to manufacture and deliver prefabricated modular data center solutions.

Since the inception of the initial agreement between the companies, Schneider Electric has manufactured and delivered about 150 modular data center solutions to Compass from its West Chester, OH operation. As demand for more data center solutions increase, the 110,000 square-foot Red Oak, TX operation – which the companies jointly announced in the summer – will also be used to support projected growth.

Through this unique 5-year vendor-supplier agreement, Schneider Electric and Compass Datacenters can deliver on the promise of scalable, modular data centers that offer a simplified design, streamlined manufacturing, and the ability to be deployed easily across many environments.

Chris Crosby, CEO, Compass Datacenters

We are extremely grateful for the unwavering support and unparalleled expertise that Schneider Electric has already provided in supplying us with pre-fabricated data center power rooms. Our collaborative efforts will allow us to meet the increasing demands from our customers to deliver cutting-edge data center solutions in an innovative manner.

Aamir Paul, President, Schneider Electric North America

We are proud that Compass chose Schneider Electric as their data center partner because we can provide the infrastructure they require in a predictable and reliable manner. The extension of our agreement to continue innovating will address future demands to serve customers in industries ranging from cloud and service providers to semiconductors and EV’s, healthcare and telecommunication, among others.

About Schneider Electric

Schneider’s purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On.

Our mission is to be your digital partner for Sustainability and Efficiency.

We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.

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