VivoPower launches lease bidding for 41.5MW Norway data center

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VivoPower Launches Lease Bidding after Receiving Strong Interest from AI Operators for 41.5MW Norway Data Center

April 23, 2026 2:00 PM EDT

Multiple inbound inquiries from AI neocloud operators and hyperscalers for Mo i Rana Norway operational 41.5MW data center which has a pathway to over 80MW, subject to regulatory approval 

Powered by 100% renewable hydroelectric energy at below US$0.035/kWh among the lowest power costs for data centers in Europe

New tenant(s) expected to further improve data center economics for VivoPower beyond its current annual $31 million in revenues and $10 million in EBITDA

Formal selective, competitive RFP process launched to evaluate commercial terms, operational alignment, and strategic fit... More