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VivoPower Selects Global AI Industry Leader as Preferred AI Tenant for Lease of Norway Operational Data Center

GlobeNewswire Inc.·
VivoPower Selects Global AI Industry Leader as Preferred AI Tenant for Lease of Norway Operational Data Center

VivoPower has selected a preferred long-term tenant from a competitive field to lease its fully operational 41.5MW Mo i Rana AI data center in northern Norway, powered by renewable hydroelectric energy at costs below $0.05/kWh. The company expects to announce the counterparty's identity and material commercial terms upon execution of legal documentation. Additional strategic arrangements beyond the Mo i Rana facility are also under negotiation with the selected tenant.

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