- Trane Technologies PLC TT and Nexii Building Solutions Inc. (Nexii) have collaborated to create sustainable commercial buildings with significantly reduced carbon footprints.
- The financial terms of the deal were not disclosed.
- The collaboration combines Nexii's high-performance and efficient building construction expertise with Trane's digitally enabled EcoWise high-efficiency climate comfort systems to reduce energy usage and carbon emissions.
- Trane will be the exclusive North America heating, ventilation, and air conditioning (HVAC) supplier for new, sustainable buildings constructed by Nexii, including retail stores and restaurants.
- Price Action: TT shares are trading lower by 0.69% at $192 on the last check on Thursday.
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