VivoPower PLC secured a US$50 million strategic private investment in public equity (PIPE) led by Blue Sky Capital on July 29, 2026. The transaction includes participation from Nordic family offices and entities associated with Executive Chairman Kevin Chin. Proceeds will fund the Mo i Rana AI data center conversion in Norway and reduce corporate debt. The PIPE consists of convertible preference shares with a US$7.50 per share conversion price, a 6% annual PIK coupon, and fixed-price warrants. VivoPower PLC is a developer and owner of powered land and data center infrastructure for AI compute applications.
