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VIVOBullishCorporate Developmentsnews

High materiality7/10

VivoPower names preferred AI tenant for Mo i Rana; terms pending

Jun 29, 2026, 2:33 AM EDT2 sourcesAI-analyzed

Why it may matterVerify against the original reporting

A confirmed long-term lease with a leading AI customer would materially improve revenue visibility and asset utilization, potentially enabling favorable financing terms and higher valuation. The near-term disclosure of counterparty identity and lease terms is the key price driver; absence of binding terms would temper upside.

AI summary

What happened, with direct paths to the underlying reporting

VivoPower has selected a preferred long-term AI tenant for its Mo i Rana data center from a competitive field. Negotiations continue and an identity and material lease terms are expected to be disclosed soon. Mo i Rana provides 41.5MW of renewable-powered capacity at under $0.05/kWh, with up to 40MW of expansion potential within 18–24 months, potentially expanding the relationship across jurisdictions.

VivoPower selects a preferred long-term AI tenant for Mo i Rana data center.
Counterparty identity and material lease terms to be announced soon.
Mo i Rana: 41.5MW site with power under $0.05/kWh; 40MW expansion possible in 18–24 months.
Discussions extend beyond Mo i Rana, potentially deepening cross-jurisdictional collaboration.
Forward-looking statements cover definitive agreements and financing risks; not guaranteed.

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