VivoPower(VVPR)
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VivoPower Completes Definitive Agreement with KWeather, Advances Strategic Exit from Digital Asset Holdings with No Realized or Unrealized Losses
Globenewswire· 2026-02-05 14:30
Core Insights - VivoPower has entered into a definitive agreement with KWeather for the acquisition of economic rights to some of its Ripple Lab shares, while securing a 20% shareholding in KWeather valued at $4.3 million [1][2] - The remaining Ripple Lab shares held by VivoPower will be acquired by Lean Ventures, following a partnership agreement announced in December 2025 [1][2] - VivoPower aims to strategically exit its digital asset holdings and will not acquire further digital assets, confirming no realized or unrealized losses on its digital asset positions [2] Company Strategy - VivoPower will focus its capital and resources on scaling its data center infrastructure business, emphasizing a shift away from digital asset investments [3][2] - The company operates globally, with a focus on developing sustainable powered land and data center infrastructure for AI applications, while also managing other business units that are in the process of being divested [4]
VivoPower executes sale of Ripple Labs stake to KWeather
Proactiveinvestors NA· 2026-02-04 21:38
Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced news journalists who produce independent content [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The news team delivers insights across various sectors including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]
VivoPower Completes Definitive Agreement with KWeather and Advance Transfer of its Digital Asset Treasury Holdings
Globenewswire· 2026-02-04 21:10
Core Insights - VivoPower has entered into a definitive agreement with KWeather for the acquisition of economic rights to some of its Ripple Lab shares, while securing a 20% shareholding in KWeather valued at $4.3 million [1] - The remaining Ripple Lab shares held by VivoPower will be acquired by Lean Ventures under a partnership agreement announced in December 2025 [1] - VivoPower will focus its resources on scaling its data center infrastructure strategy [1][2] Company Overview - VivoPower, founded in 2014 and listed on Nasdaq since 2016, operates globally across regions including the UK, Australia, North America, Europe, the Middle East, and Southeast Asia [3] - The company is a B Corp-certified developer of sustainable energy solutions, concentrating on low-cost, sustainable powered land and data center infrastructure for AI applications [3] - VivoPower has three additional business units: Tembo, Caret Digital, and Vivo Federation, which are in the process of being spun out or divested [3]
VivoPower International PLC Announces Termination of At-the-Market (ATM) Equity Offering Agreement
Globenewswire· 2026-02-02 14:15
Core Insights - VivoPower International PLC has terminated its "at-the-market" equity offering agreement with Chardan Capital Markets, indicating a strategic shift in capital raising approach [1][2][3] Company Overview - VivoPower is a B Corp-certified global developer and owner of powered land and data center infrastructure for AI compute applications, with operations spanning the UK, Australia, North America, Europe, the Middle East, and Southeast Asia [4] - The company focuses on developing, building, and owning low-cost, sustainable powered infrastructure, particularly for AI use cases, and is scaling up its power to X strategy [4] - VivoPower has three additional business units: Tembo, Caret Digital, and Vivo Federation, which are in the process of being spun out or divested [4] Financial Strategy - The decision to terminate the ATM facility was based on a review of the company's cash flow outlook, capital requirements, and alternative non-dilutive sources of capital [3] - Management believes that current and projected cash flow from operations, along with non-dilutive funding sources, eliminate the need for raising capital through the ATM agreement [3]
VivoPower Announces Shareholder Approval of All Resolutions at Extraordinary General Meeting
Globenewswire· 2026-01-30 20:50
Core Insights - VivoPower International PLC has received overwhelming approval from shareholders for all six resolutions at its Extraordinary General Meeting, with each resolution passing with no less than 93% of the votes cast [1][2]. Company Overview - VivoPower, founded in 2014 and listed on Nasdaq since 2016, operates globally across regions including the UK, Australia, North America, Europe, the Middle East, and Southeast Asia [3]. - The company is a B Corp-certified global developer and owner of powered land and data center infrastructure, focusing on AI compute applications [1][3]. - VivoPower is implementing a "power to X" strategy aimed at developing low-cost, sustainable powered infrastructure for AI use cases, while also managing three business units: Tembo, Caret Digital, and Vivo Federation [3]. Business Units - Tembo focuses on electric solutions for customized fleet applications and ancillary services such as financing and charging [3]. - Caret Digital is centered on renewable power applications, including digital asset mining [3]. - Vivo Federation is dedicated to digital asset management, particularly in blockchain applications and maintaining exposure to Ripple Labs shares and XRP tokens [3].
VivoPower to Present at the Noble Capital Markets Emerging Growth Virtual Conference
Globenewswire· 2026-01-30 14:11
Core Viewpoint - VivoPower International PLC is focusing on a strategic pivot towards Sovereign AI compute infrastructure, highlighted by recent acquisitions in the data center sector [4]. Group 1: Company Presentation - VivoPower will present at the Noble Capital Markets Emerging Growth Virtual Conference on February 5, 2026, at 3:30 PM ET, led by Executive Chairman and CEO Kevin Chin and Chief Investment Officer Alex Cuppage [2]. - The presentation will include a fireside-style Q&A session, allowing live audience questions, and will offer scheduled 1x1 meetings for registered investors [2]. Group 2: Strategic Focus - The management's presentation will emphasize the company's "Power-to-X" strategy, which aims to develop, build, and own low-cost, sustainable powered land and data center infrastructure in select sovereign nations for AI use cases [4]. - Recent acquisitions include a 25MW data center platform in the UAE, a definitive agreement for 291MW of land with power rights in Finland, and a 42MW data center acquisition in Norway [4]. Group 3: Company Background - VivoPower, founded in 2014 and listed on Nasdaq since 2016, operates globally across various regions including the UK, Australia, North America, Europe, the Middle East, and Southeast Asia [5]. - The company is a B Corporation focused on sustainable energy solutions and is scaling its Power-to-X strategy while also managing three other business units: Tembo, Caret Digital, and Vivo Federation, which are in the process of being spun out or divested [5].
VivoPower To Acquire OGDC, Securing 291MW of Powered Sites in Finland with Sub-4¢ per kWh Renewable Power for Sovereign AI Data Centers
Globenewswire· 2026-01-22 13:00
Core Insights - VivoPower International PLC has entered into a definitive agreement to acquire OGDC Pte Ltd, an AI data center infrastructure developer with economic interests in strategic powered land across Finland and other EU countries [1][2] Acquisition Details - The acquisition will secure VivoPower an economic interest in 291MW of strategic land in Finland, expected to be grid-connected within 12 months [2] - The transaction is structured to include approximately $13 million in cash upfront and contingent value rights that will trigger the issuance of convertible preference shares at a conversion price of $15 per ordinary share [5] Financing and Capital Management Strategy - VivoPower has developed a financing and capital management strategy to minimize equity capital raises unless they are accretive to shareholders, focusing on project finance debt and mezzanine finance [4][6] - The targeted project finance breakdown is expected to be 65% senior debt, 15% mezzanine finance, and 20% equity [6] Shareholder Alignment - The transaction structure aims to align the interests of OGDC's founders with VivoPower's shareholders, signaling long-term conviction in VivoPower's equity value [5] - OGDC's co-founders will join VivoPower's leadership team, bringing over 75 years of collective experience in institutional real estate and infrastructure [5] Energy Economics - The power sourced from renewable hydropower is priced at sub-4¢ per kWh, providing a competitive advantage for high-density AI training and inference [5] Market Positioning - Finland is highlighted as an advantageous location for AI data centers due to its secure infrastructure, cold climate, and supportive government policies [2]
VivoPower Secures Strategic Site and Power Access for 25MW Data Center Platform in the United Arab Emirates with Expansion Capacity
Globenewswire· 2026-01-20 13:00
Core Viewpoint - VivoPower International PLC has announced an agreement to acquire, develop, build, operate, and own a 25MW data center facility in the UAE, aligning with the country's digital economy objectives [1][3]. Group 1: Acquisition and Development - The agreement includes access to dedicated power infrastructure and development rights for further scaling, positioning the project as a competitive digital infrastructure platform [1]. - The facility is designed with modularity to support various high-value, power-intensive digital infrastructure applications, allowing efficient capital deployment [2]. Group 2: Strategic Importance - The UAE is identified as a strategic market for VivoPower due to its leadership in digital infrastructure, energy transition, and economic diversification [3]. - The company aims to support the evolution of the UAE's digital infrastructure ecosystem through this project [3]. Group 3: Company Overview - VivoPower, founded in 2014 and listed on Nasdaq since 2016, operates globally with a focus on sustainable energy solutions [4]. - The company has three business units: Tembo, Caret Digital, and Vivo Federation, each focusing on different aspects of energy and digital infrastructure [4].
VivoPower's Tembo Secures Strategic Partnership in US$11 Billion Australian Utility Pick Up Truck Market with EV Industry Leader HMBEV
Globenewswire· 2026-01-16 13:00
Core Perspective - The partnership between Tembo and Help Me Buy An EV (HMBEV) aims to enhance market adoption and sales in the Australian electric vehicle (EV) sector, as Tembo approaches a potential US$838 million spin-off through a public listing [1][2]. Group 1: Partnership Details - Tembo has entered a strategic partnership with HMBEV, a leading EV consultancy in Australia, to accelerate sales in the light utility vehicle market [1][2]. - HMBEV will support hands-on trials, customer education, and market engagement initiatives to boost adoption across B2B, government, and commercial fleet segments [2]. Group 2: Market Context - Australia is experiencing a rapid shift towards electrification driven by regulatory changes, although the commercial and rural sectors remain underserved [3]. - HMBEV has established itself as a trusted voice in the Australian EV ecosystem, collaborating with major energy players like Ampol to enhance EV infrastructure and education [3]. Group 3: Product Offering - The Tembo Tusker platform is designed as a rugged, cost-effective electric utility vehicle for demanding commercial applications, offering reliable performance and low total cost of ownership [5]. - The Tusker's modular design allows for various use cases across logistics, mining, construction, utilities, and public-sector fleets, supporting fleet operators in decarbonizing operations [5]. Group 4: Strategic Importance - Australia is identified as a priority market for Tembo's commercial EV offerings, reflecting strong demand for rugged, zero-emission vehicles in sectors like mining and construction [5]. - The partnership with HMBEV provides Tembo with immediate credibility and trust in the Australian market, enhancing its position as a trusted expert-led presence [6].
VivoPower to Open Dublin Office, Appoints Shane Whelan to Global Advisory Council to Leverage Hyperscaler Relationships and Build Sovereign AI Data Center Business
Globenewswire· 2026-01-14 13:00
Core Insights - VivoPower International PLC has appointed Shane Whelan to its Global Advisory Council, leveraging his extensive experience in real estate and infrastructure development, particularly with hyperscalers like Google, Microsoft, and Amazon [1][3] - Whelan's development portfolio includes over 3.5 million square feet of assets with a gross development value exceeding $2 billion, indicating significant industry expertise [2] - The establishment of a Dublin office for VivoPower aims to enhance its Sovereign AI data center infrastructure business, aligning with the company's Power-to-X strategy [1][3] Company Overview - VivoPower, founded in 2014 and listed on Nasdaq since 2016, operates globally across multiple regions including the UK, Australia, North America, Europe, the Middle East, and Southeast Asia [4] - The company is recognized as a sustainable energy solutions B Corporation and has three business units: Tembo, Caret Digital, and Vivo Federation, focusing on various aspects of power-to-x, digital infrastructure, and digital assets [4] - VivoPower's core focus is on Sovereign AI computing, which is positioned as a high-return opportunity within its business strategy [4]