Milwaukee, WI – Michael Best & Friedrich LLP recently served as legal counsel to Modine Manufacturing Company (NYSE: MOD), a diversified global leader in thermal management technology and solutions, in a deal to license certain Modine-developed thermal management technology to Bloom Energy, a leading developer of fuel-cell based distributed energy systems.
Leading edge companies and research institutions in the United States and around the world are focusing on fuel-cell based power generation. The electromechanical conversion of chemical energy to electricity in a fuel cell is a very efficient and environmentally friendly process, making fuel cells an attractive alternative to conventional power generation, solar energy and wind power.
Michael Best partner, Derek C. Stettner, served as the lead attorney, handling the intellectual property licensing agreement and the supply agreement, which provided manufacturing and technology advice. Stettner was assisted by other Michael Best partners, Christopher B. Austin and Stephen A. Gigot.
“We are proud to serve as legal counsel to a highly innovative company like Modine and applaud their efforts as they seek to find ways in which to produce alternate sources of energy,” stated Austin.