- VivoPower PLC (NASDAQ: VIVO) is a global developer and owner of powered land and data center infrastructure for AI compute applications, recently achieving EBITDA profitability following its acquisition of a 41.5MW data center in Norway.
- In April 2026, VivoPower completed a $41 million acquisition of a Norway-based data center, which is now operational and fully funded without additional public equity, contributing approximately $31 million in revenue and $10 million in EBITDA.
- The data center operates on 100% renewable hydroelectric energy and is positioned for a potential expansion to over 80MW, showcasing VivoPower's commitment to sustainable energy solutions.
- VivoPower's ideal buyers include enterprises seeking renewable energy-powered data center solutions, as they address the growing demand for sustainable infrastructure in AI and tech applications.
Sales and Support is Viva’s largest function with 41 employees, reflecting the company’s focus on merchant onboarding and customer experience. Business Management and Marketing & Product follow with 25 and 20 team members respectively, underscoring the importance of commercial strategy and product development. The core Engineering group comprises 15 employees who maintain the payments platform, while Finance & Administration, HR, Operations, IT, and Quality collectively account for just under a quarter of the workforce. Hiring activity has been spread across several teams, though overall attrition exceeded additions in the latest period.
Viva’s head office in Athens hosts the single largest concentration of employees at 49 people. London is the next-largest hub with 14 team members, and Paris employs 13. Smaller teams are located in Madrid, Brussels, Berlin, Milan, Copenhagen, and Luxembourg, while a distributed group of 38 employees works remotely or from other European cities. This footprint illustrates the company’s commitment to serving merchants across the continent while maintaining a centralised operational base in Greece.
