VivoPower starts construction at 42MW Mo i Rana data center in Norway

VivoPower has begun the first phase of construction at its 42MW Mo i Rana data center in northern Norway, covering demolition, enabling works and the main building superstructure. The company is also spinning off its 2.2GW non-Nordic AI data center portfolio into a new Singapore-headquartered firm planned for listing on the LSE.

• First phase covers demolition, site works and main superstructure
• Site is a former crypto mining facility acquired from Cowa in April
• Waste heat from cooling is eyed for district heating reuse
• 2.2GW non-Nordic portfolio to be spun off into LSE-listed firm