COOLING-AS-A-SERVICE · DESKTOP · 1440
MTI
MONASHEE
Thermal Infrastructure
01 — Cooling-as-a-ServiceVancouver, BC

Cooling-as-a-Service

Cooling capacity without funding the plant yourself

Monashee develops, finances, owns and operates the cooling infrastructure. The customer contracts for cooling capacity under a long-term service agreement rather than funding and managing the cooling plant directly.

Fig. 01CoolShift XL 4MW Chiller
Vitalis CO2 chiller package
02 — Capital Model

Change who funds the cooling asset

Conventional model

Under the conventional model, the developer funds the cooling plant, owns the equipment and carries long-term responsibility for performance, maintenance and residual value.

Monashee's model

Under Monashee's model, those responsibilities move to the cooling infrastructure provider.

Capital
Monashee funds the cooling infrastructure rather than requiring the customer to fund the plant upfront.
Ownership
Monashee owns the cooling infrastructure throughout the contracted service term.
Maintenance
Monashee manages preventive maintenance, corrective work and major repairs.
Uptime risk
Cooling capacity and availability are contracted, with financial remedies if defined performance obligations are not met.
Asset risk
Residual-value risk stays with Monashee as owner of the plant.
Payments
The customer pays a predictable contracted service fee over the agreed term.
03 — Capital Allocation

Put capital where it matters most

Cooling is essential, but it competes for capital with compute, power and electrical infrastructure. Monashee substitutes infrastructure capital for customer capital so developers can concentrate their resources on the assets most central to their business model.

Preserve development capital. Avoid committing significant upfront capital to a non-core cooling asset.
Maintain financing flexibility. Preserve borrowing capacity for other elements of the development.
Support phased growth. Match cooling infrastructure deployment to the development schedule.
Fig. 02 · IllustrationCapital allocation
CUSTOMER MONASHEE COMPUTE POWER ELECTRICALINFRASTRUCTURE COOLING PLANT CUSTOMER CAPITAL INFRASTRUCTURE CAPITAL LONG-TERMSERVICE FEE
04 — Schedule

Cooling should not delay energization

Long chiller lead times can become a critical-path constraint. Monashee's standardized architecture reduces project-specific engineering, and long-lead components can be secured in advance to support project delivery schedules.

Fig. 03 · IllustrationPhased delivery
LONG-LEAD COMPONENTS SECURED IN ADVANCE COOLING CAPACITY · STAGE 1 COOLING CAPACITY · STAGE 2 COOLING CAPACITY · STAGE 3 ENERGIZATION · STAGE 1 ENERGIZATION · STAGE 2 ENERGIZATION · STAGE 3 DATA CENTER DEVELOPMENT SCHEDULE
Standardized equipment. Repeatable system architecture reduces project-specific engineering complexity.
Long-lead procurement. Critical components can be secured in advance of individual project delivery.
Phased deployment. Cooling capacity can be aligned with staged data center expansion.
05 — SLA

Contracted cooling performance

Cooling-as-a-Service is backed by contractual performance obligations. The service agreement defines the cooling capacity Monashee must provide, system availability requirements and the remedies that apply if agreed performance obligations are not met.

SLA01 / 05

Cooling capacity

Contracted thermal capacity is available when required.

SLA02 / 05

System availability

Minimum uptime and availability requirements are defined contractually.

SLA03 / 05

Thermal performance

Agreed operating conditions and temperature requirements are specified.

SLA04 / 05

Response

Service and repair response obligations are established in advance.

SLA05 / 05

Financial remedies

Contractual remedies apply when defined service obligations are missed.

06 — Lifecycle Responsibility

Long-term responsibility sits with Monashee

Monashee remains responsible for the cooling asset after commissioning. The operating model covers monitoring, preventive maintenance, corrective repairs, spare parts, major component replacement and applicable refrigerant and equipment compliance.

Monitoring

Continuous operating oversight supports performance and early issue detection.

Maintenance

Preventive and corrective service is coordinated throughout the contract term.

Repairs

Monashee carries responsibility for major equipment repair and replacement.

Upgrades

Upgrades and capacity changes are available by agreement as customer requirements change.

07 — FAQ

Common questions

What size of project is this for?−

Monashee considers projects of any scale. Our focus is mid-scale developments, where cooling capital and schedule most directly shape project economics, rather than gigawatt-scale campuses.

How long is the service agreement?−

Service agreements are typically 10 years. Shorter terms are considered where project economics support them.

Who owns the cooling plant?−

Monashee owns the cooling infrastructure throughout the service term, through a dedicated project-level structure.

What happens at the end of the term?−

End-of-term options, such as extending the service or a defined buyout, are set out in the service agreement.

Does it work with our rack cooling?−

The platform supports air, direct-to-chip and immersion cooling environments.

Can we buy the equipment instead?−

Yes. Systems can be purchased directly from our OEM platform partner, with long-term service support available. Cooling-as-a-Service remains Monashee's primary model.

MTI
MONASHEE

Mission-critical cooling infrastructure, developed, financed, owned and operated.

OFFICES IN VANCOUVER, CANADA · MANUFACTURING IN KELOWNA, BC
© 2026 Monashee Thermal Infrastructure Inc. All rights reserved.
COOLING-AS-A-SERVICE · MOBILE · 390
MONASHEE
Thermal Infrastructure
01 — Cooling-as-a-ServiceVancouver, BC

Cooling-as-a-Service

Cooling capacity without funding the plant yourself

Monashee develops, finances, owns and operates the cooling infrastructure. The customer contracts for cooling capacity under a long-term service agreement rather than funding and managing the cooling plant directly.

Fig. 01CoolShift XL 4MW Chiller
Vitalis CO2 chiller package
02 — Capital Model

Change who funds the cooling asset

Conventional model

Under the conventional model, the developer funds the cooling plant, owns the equipment and carries long-term responsibility for performance, maintenance and residual value.

Monashee's model

Under Monashee's model, those responsibilities move to the cooling infrastructure provider.

Capital. Monashee funds the cooling infrastructure rather than requiring the customer to fund the plant upfront.
Ownership. Monashee owns the cooling infrastructure throughout the contracted service term.
Maintenance. Monashee manages preventive maintenance, corrective work and major repairs.
Uptime risk. Cooling capacity and availability are contracted, with financial remedies if defined performance obligations are not met.
Asset risk. Residual-value risk stays with Monashee as owner of the plant.
Payments. The customer pays a predictable contracted service fee over the agreed term.
03 — Capital Allocation

Put capital where it matters most

Cooling is essential, but it competes for capital with compute, power and electrical infrastructure. Monashee substitutes infrastructure capital for customer capital so developers can concentrate their resources on the assets most central to their business model.

Preserve development capital. Avoid committing significant upfront capital to a non-core cooling asset.
Maintain financing flexibility. Preserve borrowing capacity for other elements of the development.
Support phased growth. Match cooling infrastructure deployment to the development schedule.
Fig. 02 · IllustrationCapital allocation
CUSTOMERMONASHEECOMPUTEPOWERELECTRICALCOOLING PLANTCUSTOMER CAPITALINFRA. CAPITALSERVICEFEE
04 — Schedule

Cooling should not delay energization

Long chiller lead times can become a critical-path constraint. Monashee's standardized architecture reduces project-specific engineering, and long-lead components can be secured in advance to support project delivery schedules.

Fig. 03 · IllustrationPhased delivery
LONG-LEAD SECURED COOLING · STAGE 1 COOLING · STAGE 2 COOLING · STAGE 3 STAGE 1STAGE 2STAGE 3 SCHEDULE ENERGIZATION COOLING CAPACITY DELIVERED
Standardized equipment. Repeatable system architecture reduces project-specific engineering complexity.
Long-lead procurement. Critical components can be secured in advance of individual project delivery.
Phased deployment. Cooling capacity can be aligned with staged data center expansion.
05 — SLA

Contracted cooling performance

Cooling-as-a-Service is backed by contractual performance obligations. The service agreement defines the cooling capacity Monashee must provide, system availability requirements and the remedies that apply if agreed performance obligations are not met.

SLA01 / 05

Cooling capacity

Contracted thermal capacity is available when required.

SLA02 / 05

System availability

Minimum uptime and availability requirements are defined contractually.

SLA03 / 05

Thermal performance

Agreed operating conditions and temperature requirements are specified.

SLA04 / 05

Response

Service and repair response obligations are established in advance.

SLA05 / 05

Financial remedies

Contractual remedies apply when defined service obligations are missed.

06 — Lifecycle Responsibility

Long-term responsibility sits with Monashee

Monashee remains responsible for the cooling asset after commissioning. The operating model covers monitoring, preventive maintenance, corrective repairs, spare parts, major component replacement and applicable refrigerant and equipment compliance.

Monitoring

Continuous operating oversight supports performance and early issue detection.

Maintenance

Preventive and corrective service is coordinated throughout the contract term.

Repairs

Monashee carries responsibility for major equipment repair and replacement.

Upgrades

Upgrades and capacity changes are available by agreement as customer requirements change.

07 — FAQ

Common questions

What size of project is this for?−

Monashee considers projects of any scale. Our focus is mid-scale developments, where cooling capital and schedule most directly shape project economics, rather than gigawatt-scale campuses.

How long is the service agreement?+
Who owns the cooling plant?+
What happens at the end of the term?+
Does it work with our rack cooling?+
Can we buy the equipment instead?+
MTI
MONASHEE

Mission-critical cooling infrastructure, developed, financed, owned and operated.

OFFICES IN VANCOUVER, CANADA · MANUFACTURING IN KELOWNA, BC
© 2026 Monashee Thermal Infrastructure Inc. All rights reserved.