VivoPower shortlists AI tenants for 41.5MW Norway data center
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VivoPower Shortlists AI Tenants for 41.5MW Norway AI Data Center After Receiving Multiple Bids
May 21, 2026 8:00 AM EDTNew tenant(s) expected to further improve data center economics for VivoPower beyond its current annual $31 million in revenues and $10 million in EBITDAtransaction expected to be finalized by June 30, 2026Â
Short list follows the completion of a lease bidding process, which fielded firm proposals that were stronger and broader than anticipated
Board also received and evaluated unsolicited offers to acquire the asset at a premium to VivoPowers acquisition price, which were rejected
Board considers strategic value to be materially higher, given the... More
