VVPR has been in the news 1200% more than usual
Jul 03, 2024, 4:32 PM
-17.28%
What does VVPR do
VivoPower International Plc, a sustainable energy solutions company, offers turnkey decarbonization solutions to help customers achieve net zero carbon status through electric fleet applications, battery and microgrids, and solar technologies. The company operates through segments including Critical Power Services, Electric Vehicles, Sustainable Energy Solutions, and Solar Development, with key subsidiaries like Aevitas and Tembo focusing on critical power systems and electric vehicles for rugged environments respectively.
VVPR has been in the news recently: VivoPower International PLC sold Kenshaw Electrical to ARA Group Limited to focus on growth businesses like Tembo. The company has extended exclusivity with Cactus Acquisition Corporation I until July 31, 2024 to finalize a business combination agreement, leading to a rise in its shares after its electric vehicle subsidiary, Tembo e-LV B.V., extended an agreement with Cactus Acquisition Corporation I for one month.
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