Power-to-X Strategy
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VivoPower International PLC Announces Termination of At-the-Market (ATM) Equity Offering Agreement
Globenewswire· 2026-02-02 14:15
Core Insights - VivoPower International PLC has terminated its "at-the-market" equity offering agreement with Chardan Capital Markets, indicating a strategic shift in capital raising approach [1][2][3] Company Overview - VivoPower is a B Corp-certified global developer and owner of powered land and data center infrastructure for AI compute applications, with operations spanning the UK, Australia, North America, Europe, the Middle East, and Southeast Asia [4] - The company focuses on developing, building, and owning low-cost, sustainable powered infrastructure, particularly for AI use cases, and is scaling up its power to X strategy [4] - VivoPower has three additional business units: Tembo, Caret Digital, and Vivo Federation, which are in the process of being spun out or divested [4] Financial Strategy - The decision to terminate the ATM facility was based on a review of the company's cash flow outlook, capital requirements, and alternative non-dilutive sources of capital [3] - Management believes that current and projected cash flow from operations, along with non-dilutive funding sources, eliminate the need for raising capital through the ATM agreement [3]
VivoPower to Present at the Noble Capital Markets Emerging Growth Virtual Conference
Globenewswire· 2026-01-30 14:11
Core Viewpoint - VivoPower International PLC is focusing on a strategic pivot towards Sovereign AI compute infrastructure, highlighted by recent acquisitions in the data center sector [4]. Group 1: Company Presentation - VivoPower will present at the Noble Capital Markets Emerging Growth Virtual Conference on February 5, 2026, at 3:30 PM ET, led by Executive Chairman and CEO Kevin Chin and Chief Investment Officer Alex Cuppage [2]. - The presentation will include a fireside-style Q&A session, allowing live audience questions, and will offer scheduled 1x1 meetings for registered investors [2]. Group 2: Strategic Focus - The management's presentation will emphasize the company's "Power-to-X" strategy, which aims to develop, build, and own low-cost, sustainable powered land and data center infrastructure in select sovereign nations for AI use cases [4]. - Recent acquisitions include a 25MW data center platform in the UAE, a definitive agreement for 291MW of land with power rights in Finland, and a 42MW data center acquisition in Norway [4]. Group 3: Company Background - VivoPower, founded in 2014 and listed on Nasdaq since 2016, operates globally across various regions including the UK, Australia, North America, Europe, the Middle East, and Southeast Asia [5]. - The company is a B Corporation focused on sustainable energy solutions and is scaling its Power-to-X strategy while also managing three other business units: Tembo, Caret Digital, and Vivo Federation, which are in the process of being spun out or divested [5].