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SEC filingVivoPower launches competitive RFP for 41.5MW Norway data center after strong AI operator interest, aiming to improve current $31M revenue and $10M EBITDA.
VivoPower's acquisition of the Mo i Rana data center on April 21, 2026, marks a strategic expansion into AI compute infrastructure. The facility's 41.5MW operational capacity, powered by low-cost renewable hydroelectric energy, positions it as an attractive option for AI operators seeking sustainable and cost-effective data center solutions. The strong inbound interest from AI neocloud operators and hyperscalers validates the asset's value proposition. The formal RFP process aims to secure tenants that align with VivoPower's Power-to-X strategy and B Corp governance principles, potentially improving the current $31 million annual revenue and $10 million EBITDA. The site's existing infrastructure allows rapid deployment, a key differentiator in a market where greenfield projects take 18-36 months. The potential expansion to over 80MW, subject to regulatory approval, offers significant upside. This event is material as it directly impacts VivoPower's revenue and EBITDA growth trajectory and demonstrates execution of its sovereign AI infrastructure strategy.