GlobeNewsWire
29 Jun 2026, 11:49 UTC · 1h ago
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VivoPower has selected a preferred long-term AI tenant, described as a global industry leader, for its Mo i Rana data center in Norway. — Securing a high-credit, long-term anchor tenant for a data center provides significant revenue visibility and validates the asset's commercial viability.
+0.80The company is negotiating additional arrangements with the same preferred counterparty for its wider global powered land and data center pipeline. — Expanding the partnership beyond a single site suggests potential for scaled growth and a systemic strategic partnership.
+0.60The Mo i Rana site has a current capacity of 41.5MW with an additional 40MW of permitted expansion capacity that could be energized within 18 to 24 months. — The ability to nearly double capacity provides a clear path for inorganic growth and increased utilization of the site.
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The company has selected a preferred global AI industry leader as a long-term tenant for its data center and is negotiating further strategic arrangements.
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