Business UpdateApr 27, 2026, 08:18 AM
VIVO Mo i Rana Data Center to Add $1.9M Annual EBITDA
AI Summary
VivoPower PLC announced that its 41.5 MW Mo i Rana data center in Northern Norway has prequalified 30 MW of capacity into Statnett SF's ancillary services markets. This participation is targeted to deliver approximately $1.9 million of incremental annual EBITDA, with no incremental capital expenditure or operating expenditure required. The demand response program is complementary to AI tenant operations and is expected to have a full-year annualized EBITDA impact from fiscal year 2027.
Key Highlights
- Targeted to add $1.9 million in incremental annual EBITDA from demand response program.
- 30 MW of capacity prequalified into Statnett SF's ancillary services markets.
- Mo i Rana data center has 41.5 MW operational capacity.
- 12 MW prequalified for FCR-D and 18 MW for mFRR Capacity Market.
- Expected annual contribution requires no incremental capex or opex.
- Capacity payments accrue on a pay-for-availability basis at $5.00/MWh.
- Approximately 80% of payments are capacity-based, 20% activation-based.