VivoPower to Acquire 40MW Norway Data Center Powered by Hydropower

Reuters2025-12-30

<a href="https://laohu8.com/S/VVPR">VivoPower</a> to Acquire 40MW Norway Data Center Powered by Hydropower

VivoPower International plc has entered into an exclusive agreement to acquire an energized and operational 40MW+ data center infrastructure facility in Norway. The facility, powered entirely by renewable hydroelectric energy at a cost below $0.035/kWh, is anticipated to add $10 million in proforma EBITDA and is valued at approximately $40 million on a 4X EBITDA basis. The acquisition will be funded through a mix of deferred vendor finance and convertible preference shares, with a conversion price of $6.80. The site is expected to serve as a platform for VivoPower’s Power-to-X strategy under the Caret Digital brand, with future plans to repurpose it from blockchain compute co-hosting to a Sovereign AI Hub, supporting carbon-neutral AI workloads for enterprise clients. The transaction is expected to close in January 2026, subject to shareholder approval.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. VivoPower International plc published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9618188-en) on December 30, 2025, and is solely responsible for the information contained therein.

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