A leading B Corp-certified holding company with operating platforms and investments globally. • Ranked amongst top 50 impact companies globally by Real Leaders

VivoPower

NASDAQ: VIVO | vivopower.com
VivoPower is a B Corp-certified developer and owner of powered land and data centre infrastructure for sovereign AI compute. Listed on NASDAQ since 2016 and co-founded by Kevin Chin, the company has evolved from its origins in Australian solar energy into one of the few publicly listed vehicles focused exclusively on the physical layer of the AI economy.

The thesis is precise. The scarcest input in the data centre value chain is not software, talent, or chips. It is power-secured land — sites with guaranteed grid access, renewable energy supply, and long-term tenure. VivoPower aggregates these sites and leases them on long-term contracts to hyperscalers, sovereign nations, and neocloud operators.

The Portfolio

VivoPower's current pipeline spans 358 MW across three geographies:

Norway — 42 MW operational, powered by 100% hydroelectric energy at sub-$0.035/kWh. A 51,000 square-metre site with a 50-year land lease, 11,700 containerised infrastructure slots, and 99% operational uptime. Expansion capacity of 40 MW or more is under development.

Finland — 291 MW across eight sites, acquired in January 2026 through the purchase of OGDC Pte Ltd. Sub-four-cent-per-kilowatt-hour renewable hydropower. Grid connection targeted within twelve months. Finland's cold climate provides natural cooling, and the country's government actively supports data centre development.

United Arab Emirates — 25 MW initial platform with expansion rights to 100 MW or more. Aligned with the UAE's long-term digital economy objectives. Modular design to support high-density AI workloads.

South Korea — A $300 million joint venture with Lean Ventures, a Seoul-based licensed asset manager, to acquire and hold Ripple Labs shares. Capital-light, fee-generating structure with a targeted net economic return of $75 million over three years.

The Landlord Model

VivoPower's operating model is that of a sovereign AI infrastructure landlord. The company secures the land, the power, and the grid connection. Technology selection and operations remain the domain of the lessee. Revenue comes from long-term, bankable lease contracts; a stable, infrastructure-grade income stream that can be refinanced and recycled into new projects.

Capital Discipline

In February 2026, VivoPower completed a $30 million strategic investment from Blue Sky Capital and GCC sovereign family offices, structured as convertible preference shares at $6.80 per share. The company has since withdrawn its $180 million Form F-3 shelf registration and terminated its at-the-market equity offering a clear signal of non-dilutive capital management.

Philosophy

VivoPower's manifesto commits to data centres that are architecturally considered designed as civic assets rather than industrial sheds and to communities that are measurably better off for the company's presence. This is not a marketing position. It is written into the company's B Corp constitution.

Kevin Chin, Co-Founder & Executive Chairman

Key Information

Industry
AI - Data Centre Infrastructure 
Geography
Global

Website

www.vivopower.com

Milestones

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Milestones

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