Industry Newsllmdata centervivopowerhydropower
VivoPower Acquires 40MW Norwegian Data Center
7.0
VivoPower announced on Tuesday it agreed to buy a 40MW Norwegian data center for about $40 million, intending to repurpose the facility from blockchain compute to AI workloads focused on LLM training and inference. The company said the site uses hydropower and could expand to 80MW by 2026; VivoPower expects a roughly $10 million addition to pro forma EBITDA and group-level profitability pending shareholder approval.
Key Points
- 1Secures exclusive deal to buy a 40MW Norwegian data center for about $40 million
- 2Emphasizes hydropower-driven, carbon-neutral compute to host LLM training and inference
- 3Projects $10 million pro forma EBITDA boost, enabling group-level profitability pending approvals
Scoring Rationale
Confirmed acquisition offers measurable EBITDA and AI-infrastructure impact, but benefits are limited to one site and await shareholder approvals.
Sources
Public references used for this report.
Practice with real Logistics & Shipping data
90 SQL & Python problems · 15 industry datasets
Used by DS/ML engineers at top companies
High-Value Overnight OrdersEasyDelivered International ShipmentsMediumOn-Time Delivery Rate by CarrierHard
250 free problems · No credit card
See all Logistics & Shipping problems