VivoPower Acquires 40MW Data Center in Norway

VivoPower International has signed an exclusive heads-of-agreement to acquire the facility from an undisclosed firm. According to Vivo, the data center has a further 40MW of capacity earmarked for potential approval in 2026 and is powered exclusively by hydroelectric energy.

Vivo intends to repurpose the facility from its current blockchain compute co-hosting business model into a Sovereign AI Hub. The company claims that the transition will support Large Language Model (LLM) training and inference for local and global enterprise clients.

The transaction is expected to close in January 2026. The company has said that it will act as a foundational platform for VivoPower’s Power-to-X strategy. That involves vertically integrating and controlling power infrastructure and land in key markets facing shortages of AI compute capacity. It is a pivot from its current main business model, which has prioritized cryptocurrency mining.