VivoPower to Acquire 291MW Powered Land Portfolio in Finland from OGDC

Reuters
01/22
<a href="https://laohu8.com/S/VVPR">VivoPower</a> to Acquire 291MW Powered Land Portfolio in Finland from OGDC

VivoPower International plc has secured an agreement to acquire an economic interest in 291MW of powered land in Finland, ready for AI data centers, by joining forces with OGDC. The transaction involves approximately $13 million in cash to be paid from VivoPower’s reserves upon closing, expected in February 2026, and contingent value rights linked to successful grid connections. These rights will trigger the issuance of convertible preference shares at a $15 per share conversion price, a premium to the current trading price. The financing strategy aims to minimize equity dilution, utilizing a mix of senior debt, mezzanine finance, and strategic co-investor equity. OGDC’s team will join VivoPower to execute the rollout, with both companies emphasizing long-term alignment and value creation for the combined business.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. VivoPower International plc published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9630474-en) on January 22, 2026, and is solely responsible for the information contained therein.

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