VVR News & Events

VivoPower International announced that its electric vehicle subsidiary, Tembo, has entered a strategic partnership agreement with Help Me Buy An EV. This partnership marks a critical milestone in Tembo's go-to-market sales acceleration strategy, directly targeting the fast-growing Australian light utility vehicle pick-up truck market. Through the partnership, HMBEV will be a preferred strategic partner for supporting hands-on trials, customer education, and market engagement initiatives to accelerate adoption and sales across B2B, government, and commercial fleet segments.

VivoPower International announced the execution of an exclusive heads of agreement to acquire an energized and operational 40MW+ data center infrastructure facility in Norway powered by 100% renewable hydroelectric energy. With 40MW+ of operational energized capacity and an additional 40MW earmarked for potential approval in 2026, the facility is expected to serve as a strategic foundation platform for VivoPower's Power-to-X strategy under the banner of Caret Digital. With high-density hydropower access at a cost below $0.035/kWh, a climate-advantaged Nordic location, and a 50-year land lease in place, VivoPower's intention is to ultimately repurpose the facility from its current blockchain compute co-hosting business model into a Sovereign AI Hub. This transition will support Large Language Model training and inference for local and global enterprise clients seeking carbon-neutral compute. The convertible preference shares are expected to have a conversion price of $6.80 and PIK coupon of 6% per annum and should the transaction proceed, will be issued conditional upon VivoPower shareholder approval at a general meeting to be held in January 2026. This transaction is expected to close in January 2026.