VivoPower PLC reports company developments tied to its AI data center infrastructure, Power-to-X platform and powered land assets. Recurring announcements cover data center asset activity, reserve-market demand response at the Mo i Rana, Norway site, conference presentations and updates on the company's sovereign AI compute infrastructure strategy.
Company news also covers capital-structure actions, including share conversion matters and registration-statement changes, as well as governance and advisory council updates, material agreements, shareholder voting matters, operating results and financial results.
VivoPower (NASDAQ: VIVO) is conducting a technical and commercial feasibility study to add a co-located battery energy storage system (BESS) at its 41.5 MW Mo i Rana AI data center in Norway.
The project targets up to USD$4 million incremental annualized EBITDA from access to FCR-N, expanded FCR-D, and FFR Nordic reserve markets, while preserving full leasable AI compute capacity. Any investment decision requires feasibility completion, Board approval, tenant consultation, and Norwegian regulatory and grid-connection clearances.
VivoPower (NASDAQ: VIVO) has reaffirmed AI data centers as its principal strategic priority and updated plans for its non-core Tembo and Caret Digital businesses.
The Tembo business combination with Cactus Acquisition Corp. 1 and a planned NASDAQ listing as Tembo Group N.V. (ticker: TEMB) continue to progress, with VivoPower expecting to retain a minority stake, subject to SEC effectiveness, approvals and conditions.
All previously signaled Tembo and Caret Digital special dividend and in-specie distribution plans, including indicative dates and ratios, are discontinued. For Caret Digital, the board now intends a full pro rata in-specie distribution of VivoPower’s entire holding, subject to final terms, approvals and market conditions.
VivoPower (NASDAQ: VIVO) has selected a preferred long-term AI tenant for its Mo i Rana data center in northern Norway. The counterparty is described as a global AI industry leader, chosen on commercial terms, financial strength, credit quality, operational alignment, strategic fit, and expansion optionality.
According to VivoPower, legal documentation for the long-duration lease is being finalized. Discussions also cover potential arrangements across the company’s broader powered land and data center pipeline. Mo i Rana is a 41.5MW, 100% hydro-powered facility with up to 40MW permitted expansion capacity.
VivoPower (NASDAQ: VIVO) has selected a preferred long-term AI tenant for its fully operational Mo i Rana data center in northern Norway. The counterparty, described as a global AI industry leader, is negotiating lease documentation and potential wider agreements across VivoPower’s powered land and data center pipeline.
Mo i Rana currently provides 41.5MW of 100% hydroelectric power at under US$0.05/kWh, with an additional 40MW of permitted capacity that could lift total site capacity above 80MW within 18–24 months, subject to regulatory approval.
VivoPower (NASDAQ: VIVO) has been recertified as a Certified B Corporation by B Lab, extending its continuous B Corp status to 2028. The recertification supports its sovereign AI data center and powered land infrastructure mandate across the Nordics, Western Europe, and the Middle East.
VivoPower reported a verified B Impact Score of 86.6, up from 83.0 in 2021, with strongest results in Workers and Environment and a maximum 10.0 in Mission Locked governance. Subsidiary Tembo has also qualified to use the B Corp logo as it prepares for a planned Nasdaq listing.
VivoPower (NASDAQ: VIVO) appointed SpaceX veteran Porter Harris to its Advisory Council to guide AI data center power, battery storage, and thermal management strategy.
Harris supports VivoPower’s sovereign AI data center build-out, including a 41.5 MW Norway site, 40 MW under development, and a 300 MW Finland pipeline.
VivoPower (NASDAQ: VIVO) has shortlisted AI operator tenants for its 41.5MW Mo i Rana data center in Norway after a competitive lease bidding process that exceeded expectations. The company targets final agreements with selected tenant(s) by June 30, 2026.
According to VivoPower, new leases are expected to enhance data center economics beyond its current annual $31 million in revenue and $10 million in EBITDA. The fully operational site benefits from 100% renewable hydroelectric power costing below US$0.035/kWh, with an additional 40MW of capacity potentially energizable within 18–24 months, subject to regulatory approval.
VivoPower (NASDAQ: VIVO) will present at KBRA’s European Data Centers Event in London on May 20, 2026, from 11:00 AM to 11:45 AM ET. CIO Alex Cuppage will join a panel on AI data center financing, power access, and Sovereign AI infrastructure. Registration is free via the KBRA website.
VivoPower (NASDAQ: VIVO) will present at the Emerging Growth Conference on Wednesday, May 6, 2026, with a main presentation scheduled from 4:25 PM ET to 4:55 PM ET. The session is a fireside chat featuring Kevin Chin, Executive Chairman and CEO, and Alex Cuppage, Chief Investment Officer.
Management will discuss VivoPower's Sovereign AI compute infrastructure and the rapid build-out of its Power-to-X platform for low-cost, sustainable powered land and data center assets in select sovereign nations. Registration is free via the Emerging Growth Registration Portal; a video webcast will be available afterwards on the company website and the conference catalog.
VivoPower (Nasdaq: VIVO) enrolled 30 MW of its 41.5 MW Mo i Rana data center into Statnett reserve markets, targeting an incremental USD 1.9 million of annualized EBITDA with no incremental capex or opex. Participation covers 12 MW FCR-D and 18 MW mFRR CM, prequalified and metered, live Q1 CY2026.
The facility uses 100% hydroelectric renewables, benefits from low NO4 power costs, and expects ~80% capacity-based predictable payments and ~20% activation-variable payments; estimates are subject to market conditions.