VivoPower PLC (NASDAQ:VIVO, FRA:51J) said on Thursday that its chief investment officer Alex Cuppage will speak at KBRA's European Data Centers Event in London later this month, where discussions are expected to focus on AI infrastructure financing and power access challenges facing the sector. The company said Cuppage will represent VivoPower during a panel scheduled for May 20 from 11am to 11:45am Eastern Time.
VivoPower PLC (NASDAQ:VIVO, FRA:51J) said its 41.5-megawatt data center in Mo i Rana, Norway, has been prequalified to provide 30 MW of flexible load to Statnett SF's ancillary services markets, creating a new revenue stream expected to contribute about $1.9 million in annual EBITDA. The approval covers two reserve markets.
VivoPower PLC (NASDAQ:VIVO, FRA:51J) has launched a formal request for proposals to find tenants for its newly acquired data center in northern Norway, as the Nasdaq-listed company looks to capitalize on surging demand for artificial intelligence computing infrastructure. The B Corp-certified energy and infrastructure developer completed its acquisition of the Mo i Rana data center on April 21 and said it has already received unsolicited inquiries from AI cloud operators and major technology companies.
Originally founded in 2014 and listed on Nasdaq since 2016, VivoPower is an award-winning B Corporation with a global footprint spanning the United Kingdom, Australia, North America, Europe, the Middle East, and Southeast Asia. Today, VivoPower's mission is to be the independent, trusted partner for sovereign nations that develops and operates sustainable data center infrastructure.