Vivopower (VIVO) Shares Rally 16% Following RFP Launch for Mo i Rana AI Data Hub in Norway

• (SeaPRwire) –   VivoPower’s stock experienced a significant rise of 16.72% due to strong demand for its Mo i Rana data center RFP.

• VIVO shares surged to $3.49 following the initiation of its AI data center tenant selection process.

• Robust interest has propelled VIVO’s stock upward after the Mo i Rana RFP was released.

• VIVO’s stock gained 16% as its Norwegian AI data hub attracted attention from hyperscale providers.

• VivoPower’s stock price increased following its strategic move to expand AI infrastructure in Mo i Rana.

VivoPower PLC (VIVO) shares saw a substantial increase after the company advanced its AI infrastructure strategy by launching a new tenant selection process. The stock concluded trading at $3.49, marking a gain of 16.72%, buoyed by strong intraday momentum. This development followed the commencement of a competitive Request for Proposal (RFP) process for its recently acquired Mo i Rana data center.

VivoPower PLC, VIVO

RFP Process Targets High-Quality AI Tenants

VivoPower commenced a structured RFP process subsequent to finalizing the acquisition of the Mo i Rana data center on April 21, 2026. The company’s objective is to secure tenants that align with its Power-to-X infrastructure strategy. The management team is spearheading this process, with the assistance of external advisory partners.

The evaluation framework assesses commercial terms, encompassing lease rates, contract durations, and payment structures. The company also scrutinizes the financial strength and creditworthiness of each applicant to ensure long-term stability and predictable revenue streams from the selected tenants.

Operational compatibility is also a critical component of the evaluation. VivoPower examines deployment timelines, workload requirements, and infrastructure compatibility at the site. Strategic alignment remains paramount, particularly concerning alignment with national AI infrastructure objectives and governance standards.

Mo i Rana Facility Strengthens AI Infrastructure Position

The Mo i Rana data center, situated in northern Norway’s industrial region, possesses a capacity of 41.5MW. The facility operates entirely on renewable hydroelectric energy, with power costs below $0.035 per kilowatt-hour, positioning it among the most cost-effective data center power environments in Europe.

The site benefits from a cold climate, which enhances cooling efficiency and reduces operational expenses. Furthermore, it facilitates rapid deployment timelines compared to conventional greenfield projects, allowing tenants to commence operations within months rather than waiting up to three years.

VivoPower also has potential expansion capacity of 40MW, subject to regulatory approvals. If approved, the total capacity would exceed 80MW, significantly enhancing the company’s infrastructure scale. The site offers adaptability for future expansion and to accommodate increased tenant demand.

Strategic Positioning Supports Long-Term Growth

The company has reported substantial inbound interest from AI neocloud operators and hyperscale data firms, reflecting the escalating global demand for AI compute infrastructure and energy-efficient data solutions. VivoPower is strategically positioning itself within a rapidly expanding sector of the digital economy.

The Power-to-X strategy is centered on optimizing energy assets for advanced computing applications. VivoPower integrates renewable energy with scalable data infrastructure to support AI workloads, a strategy that aligns with global trends towards sustainable and high-performance computing environments.

The launch of the RFP represents a significant stride in executing this strategy, following the recent acquisition. The company aims to maximize asset utilization while upholding operational efficiency, thereby reinforcing its role in AI infrastructure development and renewable-powered data solutions.