TECNIMONT (MAIRE) AND BAKER HUGHES TO COLLABORATE ON LNG INITIATIVES GLOBALLY

• Memorandum of Understanding signed to collaborate on prospective modularized, scalable LNG projects

MILAN, Feb. 4, 2026 /PRNewswire/ -- MAIRE (MAIRE.MI) announces that TECNIMONT (Integrated E&C Solutions) and Baker Hughes, an energy technology company, have signed a non-exclusive Memorandum of Understanding (MoU) to explore cooperation opportunities on prospective modularized, scalable liquefied natural gas (LNG) projects worldwide.

Under the MoU, the two companies will jointly evaluate participation in some future LNG tenders that incorporate Baker Hughes' NMBL™ LNG modular solution for liquefaction projects. The agreement provides a structured framework to assess project requirements, scopes of work, and determine the most suitable cooperation model.

This coordinated approach to provide next‑generation LNG solutions builds on TECNIMONT's long‑standing expertise in executing complex EPC projects across the energy value chain and Baker Hughes's advanced solutions for gas liquefaction and power generation.

In a global context where LNG continues to play a central role in the energy scenario, displacing coal and providing a lower carbon energy source, modular and scalable solutions are expected to become increasingly important, providing flexibility and faster time to market. The collaboration aims to respond to growing demand for flexible, efficient, and lower‑carbon LNG infrastructure that supports both energy security and decarbonization pathways.

Alessandro Bernini, CEO of MAIRE, commented: "This agreement represents another important step in our strategy to support the evolution of global gas value chains with high‑efficiency, modular solutions. By combining Tecnimont's EPC leadership with Baker Hughes' cutting‑edge liquefaction solutions, we are positioning ourselves to meet growing demand for flexible LNG capacity that supports security of supply and a more sustainable energy system".

MAIRE S.p.A. is a leading technology and engineering group focused on advancing the Energy Transition. We provide Integrated E&C Solutions for the downstream market and Sustainable Technology Solutions through three business lines: Sustainable Fertilizers & Nitrogen-Based Fuels, Low-Carbon Energy Vectors, and Circular Solutions. With operations across 50 countries, MAIRE employs approximately 10,500 people, supported by around 50,000 professionals involved in its projects worldwide. MAIRE is listed on the Milan Stock Exchange (ticker "MAIRE"). For further information: www.groupmaire.com.

MILAN, Feb. 4, 2026 /PRNewswire/ -- MAIRE (MAIRE.MI) announces that TECNIMONT (Integrated E&C Solutions) and Baker Hughes, an energy technology company, have signed a non-exclusive Memorandum of Understanding (MoU) to explore cooperation opportunities on prospective modularized, scalable liquefied natural gas (LNG) projects worldwide.

Under the MoU, the two companies will jointly evaluate participation in some future LNG tenders that incorporate Baker Hughes' NMBL™ LNG modular solution for liquefaction projects. The agreement provides a structured framework to assess project requirements, scopes of work, and determine the most suitable cooperation model.

This coordinated approach to provide next‑generation LNG solutions builds on TECNIMONT's long‑standing expertise in executing complex EPC projects across the energy value chain and Baker Hughes's advanced solutions for gas liquefaction and power generation.

In a global context where LNG continues to play a central role in the energy scenario, displacing coal and providing a lower carbon energy source, modular and scalable solutions are expected to become increasingly important, providing flexibility and faster time to market. The collaboration aims to respond to growing demand for flexible, efficient, and lower‑carbon LNG infrastructure that supports both energy security and decarbonization pathways.

Alessandro Bernini, CEO of MAIRE, commented: "This agreement represents another important step in our strategy to support the evolution of global gas value chains with high‑efficiency, modular solutions. By combining Tecnimont's EPC leadership with Baker Hughes' cutting‑edge liquefaction solutions, we are positioning ourselves to meet growing demand for flexible LNG capacity that supports security of supply and a more sustainable energy system".

MAIRE S.p.A. is a leading technology and engineering group focused on advancing the Energy Transition. We provide Integrated E&C Solutions for the downstream market and Sustainable Technology Solutions through three business lines: Sustainable Fertilizers & Nitrogen-Based Fuels, Low-Carbon Energy Vectors, and Circular Solutions. With operations across 50 countries, MAIRE employs approximately 10,500 people, supported by around 50,000 professionals involved in its projects worldwide. MAIRE is listed on the Milan Stock Exchange (ticker "MAIRE"). For further information: www.groupmaire.com.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

TECNIMONT (MAIRE) AND BAKER HUGHES TO COLLABORATE ON LNG INITIATIVES GLOBALLY

LAS VEGAS, Feb. 4, 2026 /PRNewswire/ -- Midea Building Technologies is showcasing its comprehensive suite of cutting-edge smart building solutions under the theme "Smart in One" at the 2026 AHR Expo. The exhibition features a diverse portfolio of advanced technologies designed to address the evolving demands of key sectors, including data centers, industrial parks, and commercial buildings. Prominently featured solutions at the booth include the MagBoost Apex Pro magnetic bearing centrifugal chiller, flexible VRF systems, sustainable heat pump technologies, and the integrative Midea iBUILDING digital platform.

High-Efficiency Centrifugal Chiller for Demanding Cooling
The MagBoost Apex Pro magnetic bearing centrifugal chiller represents a significant advancement in HVAC technology, incorporating Midea's patented second-generation oil-free magnetic bearing system. This innovative design eliminates mechanical friction and enhances efficiency and operational reliability. The unit achieves exceptional performance with an IPLV of up to 9.71 when using R1234ze(E) refrigerant. Designed for longevity, the compressor offers a 30-year lifespan with IP67 protection and operates at just 70 dB(A). Its modular design allows up to 16 units to be combined without extra controls, while supporting both R1234ze(E) and R513A refrigerants for reduced environmental impact.

Thermal Management Solution for Data Centers
With the rapid growth of AI computing and high-density server deployments, data centers require cooling solutions that deliver both efficiency and reliability. Midea provides a full-stack thermal management solution for data centers. The precise CDUs, high-performance fan walls and efficient chillers form the cornerstone of ultra-efficient data centers, enabling PUEs as low as 1.2. Multi-level redundancy and leak-proof technologies guarantee 24/7 cooling system reliability, empowering innovation without compromise.

Intelligent Integration as a Core Principle
Midea iBUILDING, a comprehensive digital platform developed by Midea Building Technologies, enables intelligent building management through seamless connectivity across devices, data, and scenarios. Its award-winning smart gateway enables connectivity to multiple types of equipment—including VRF systems, heat pumps, and chillers—through a single unit, supporting various communication protocols. With native BACnet and Modbus integration, the platform ensures seamless compatibility with existing Building Management Systems (BMS). The platform provides two core applications: iEasyComfort offers operational visibility and energy monitoring for end users, while iEasyCare enables predictive maintenance with real-time fault detection and performance analysis for service and maintenance personnel. These tools support proactive maintenance, energy optimization, and enhanced system reliability.

A Unified Answer to Diverse Challenges
"Our presence at AHR goes beyond displaying products; it's about presenting a holistic answer," said a spokesperson for Midea Building Technologies. "The 'Smart in One' philosophy is about providing interconnected solutions that directly tackle the core challenges of energy intensity, operational resilience, and management complexity across sectors like data centers, transportation hubs, industrial parks, and commercial buildings." This integrated approach positions Midea not just as an equipment supplier, but as a partner in advancing the global building industry towards a more sustainable and intelligent future.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Midea Building Technologies Showcases "Smart in One" Integrated Building Solutions at AHR Expo 2026

Midea Building Technologies Showcases "Smart in One" Integrated Building Solutions at AHR Expo 2026