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VivoPower shortlists AI tenants for 41.5MW Norway data center, targeting deal by June 30, 2026.

Company Fundamentals
21 May 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

VivoPower PLC has shortlisted AI operator tenants for its 41.5MW Mo i Rana data center in Norway after a competitive bidding process. The site, powered by low-cost renewable hydroelectric energy, offers one of the lowest power costs for data centers globally. VivoPower rejected acquisition offers at a premium, valuing the strategic benefit of leasing to AI tenants for over 10 years. The company aims to finalize tenant agreements by June 30, 2026, with potential to expand capacity by an additional 40MW within 18-24 months pending regulatory approval.

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