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Yep, that's the trans cooler, and it mounts to the lower part of the fan shroud, pretty much where and as it is sitting in the pic above. There is one small torx screw that holds it in place which you should be able to locate pretty easily.
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1and1 (well, I suppose it's "Just1" now...)
Sold 135i - E82.N54 2009 BSM - MHD / xHP / DCI, PR CP & 7.5" Race IC / N55 mid & Borla
. . WL RSFI, Koni, Eibach & Dinan CP's, M3 CA's / EBC Red's & Firehawk 500's
X1 - E84.N20 2013 MGM - JB4 - The Wife's, now with new turbo & ewg
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