VivoPower Achieves EBITDA Profitability Following $41M Norway Data Center Acquisition
VivoPower PLC has become EBITDA profitable after acquiring a $41 million data center in Norway. The acquisition is expected to generate $31 million in annual revenue and $10 million in annual EBITDA, a significant improvement from pre-acquisition figures. The data center, powered by renewable energy, is positioned for growth with planned expansions.
Topics: data center acquisition EBITDA profitability M&A Norway renewable energy VivoPower