TLDR
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VivoPower jumps 16.72% as Mo i Rana data center RFP attracts demand
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VIVO rallies to $3.49 after launching AI data center tenant process
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Strong demand drives VIVO surge after Mo i Rana RFP rollout
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VIVO gains 16% as AI data hub in Norway draws hyperscaler interest
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VivoPower stock climbs on Mo i Rana AI infrastructure expansion move
VivoPower PLC (VIVO) shares climbed sharply after the company advanced its AI infrastructure strategy with a new tenant selection process. The stock closed at $3.49, gaining 16.72%, supported by strong intraday momentum. The move followed the launch of a competitive RFP tied to its newly acquired Mo i Rana data center.
RFP Process Targets High-Quality AI Tenants
VivoPower initiated a structured RFP process after completing the Mo i Rana data center acquisition on April 21, 2026. The company aims to secure tenants aligned with its Power-to-X infrastructure strategy. Management leads the process with support from external advisory partners.
The selection framework evaluates commercial terms, including lease rates, contract duration, and payment structures. The company reviews financial strength and credit profiles of each applicant. This ensures long-term stability and predictable revenue streams from selected tenants.
Operational alignment also plays a central role in the evaluation process. VivoPower assesses deployment timelines, workload demands, and infrastructure compatibility at the site. Strategic fit remains essential, especially alignment with sovereign AI infrastructure goals and governance standards.
Mo i Rana Facility Strengthens AI Infrastructure Position
The Mo i Rana data center operates with a capacity of 41.5MW in northern Norway’s industrial region. The site runs entirely on renewable hydroelectric energy with costs below $0.035 per kilowatt-hour. As a result, it ranks among the lowest-cost data center power environments in Europe.
The facility benefits from a cold climate, which improves cooling efficiency and reduces operational costs. The site supports rapid deployment timelines compared to traditional greenfield projects. Tenants can launch operations within months instead of waiting up to three years.
VivoPower also holds potential expansion capacity of 40MW, pending regulatory approvals. If approved, total capacity will exceed 80MW, strengthening the company’s infrastructure scale. The site offers flexibility for future growth and increased tenant demand.
Strategic Positioning Supports Long-Term Growth
The company reported strong inbound interest from AI neocloud operators and hyperscale data firms. This demand reflects increasing global needs for AI compute infrastructure and energy-efficient data solutions. VivoPower positions itself within a fast-growing segment of the digital economy.
The Power-to-X strategy focuses on optimizing energy assets for advanced computing use cases. VivoPower integrates renewable energy with scalable data infrastructure to support AI workloads. This approach aligns with global trends toward sustainable and high-performance computing environments.
The RFP launch marks a key step in executing this strategy following the recent acquisition. The company aims to maximize asset utilization while maintaining operational efficiency. As a result, VivoPower strengthens its role in AI infrastructure development and renewable-powered data solutions.
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