A system for two-phase immersion cooling includes an immersion tank, and a plurality of busbars, each busbar extending through a wall of the immersion tank. The system also includes a plurality of voltage converters mounted on a skid, on which the immersion tank can also be mounted. The system preferably includes means for preventing leakage of dielectric fluid around the busbars and means for connecting each busbar plate to the modular cases holding circuit boards that can be inserted into the immersion tank.