Data-center developer VivoPower (Nasdaq: VIVO) owns an energized 41.5-MW data center in Mo i Rana, Norway; AI conversion remains pending.

VivoPower’s November 2 Form 20-F identifies the energized 41.5-megawatt (MW) Mo i Rana data center as its principal operating asset, acquired during the year ended June 30, 2026. The disclosed figure concerns the data-center asset’s power capacity, not installed AI GPUs or demonstrated AI-compute throughput.

The filing states that fiscal 2027 results depend significantly on whether and when an AI lease is signed, the conversion capital expenditure required, its funding, and the treatment of existing hosting contracts during transition. Pending conversion, revenue from existing hosting remains exposed to digital-asset prices and Norwegian regulatory developments.

VivoPower also identifies Nordic power prices, grid tariffs, electricity taxes, and approval of an additional 40 MW as determinants of its economics. Management reports inbound interest from neocloud operators and hyperscalers, but that interest is not disclosed as signed tenancy, and the additional capacity is not approved capacity in the supplied excerpt.

The company’s pivot includes a December 2025 refocus toward sovereign AI infrastructure and a July 2026 board decision prioritizing its AI data-center business while progressing separation of non-core Tembo electric-vehicle and Caret legacy activities. The filing records the March 16, 2026 change from VivoPower International PLC and ticker VVPR to VivoPower PLC and VIVO, and separately notes delays in receiving the remaining Ceres consortium subscription proceeds because of international-payment screening.