VivoPower (VIVO) 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, providing balancing capacity to the Nordic power system. Participation is targeted to deliver approximately $1.9M of incremental annual EBITDA. The expected $1.9M annual EBITDA contribution is derived from contracted capacity payments under the enrolled programs, valued at prevailing Nordic clearing prices. With the Norway acquisition now complete, VivoPower has full operational oversight of the Mo i Rana facility, including access to real-time financial reporting.
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