🇧🇻🎯 VIVOPOWER ACQUIRES NORWEGIAN DATA CENTER FOR PIVOT AI WITH XRP 🎯🇧🇻
VivoPower International (NASDAQ: VVPR), a B Corp company specializing in sustainable energy, has signed an exclusive agreement to acquire an operational data center of over 40MW in Norway, powered 100% by renewable hydroelectric energy, for approximately 40 million dollars.
The transaction, expected to close in January 2026, is financed with deferred seller financing and convertible preferred stock (conversion price $6.80, PIK coupon 6%), subject to shareholder approval.
Currently used for blockchain co-hosting, the site will be repurposed into a "Sovereign AI Hub" for training and inference of large language models, thanks to low-cost energy below $0.035/kWh, land lease of 50 years, and potential expansion to +40MW in 2026.
VivoPower, with its Tembo (electric) unit, Caret Digital (power-to-X), and Vivo Federation (digital assets), aims to return to profitability: the acquisition promises 4X proforma EBITDA, adding 10 million in EBITDA and reversing recent negative EBITDA (-$8.27M).
The connection with XRP?
VivoPower adopts treasury strategies in digital assets, including a recent JV for $300M in Ripple Labs shares, integrating crypto into treasury for green AI funding.
This pivot combines blockchain, AI, and renewables, attracting investors.
#Ripple #xrp #VivoPowe $XRP