Oman Named in VivoPower's 2.2GW Global AI Data Centre Push

Oman has been named as one of five target markets in a freshly announced 2.2-gigawatt global AI data-centre portfolio from Nasdaq-listed VivoPower, the latest sign that international infrastructure investors see the Sultanate as a serious candidate for the compute capacity that AI models need to run.

🔑 Key Takeaways

• VivoPower's board approved spinning off a 2.2GW+ non-Nordic AI data-centre portfolio into a new Singapore-headquartered "AI Infrastructure Platform," according to an press release dated August 17, 2026.
• The portfolio spans the UAE, Oman, Saudi Arabia, Malaysia and the Philippines, but VivoPower has not disclosed how much capacity, if any, is earmarked for Oman.
• As Oman Observer reported on August 20, 2026, no location, investment value or local counterparty has been identified for any Omani site.
• The move follows Oman's own "Digital Triangle" plan for gigawatt-scale green AI hubs and a 10.3x return the Oman Investment Authority booked earlier this year from its stake in US AI infrastructure firm Crusoe.
• VivoPower's new platform intends to raise sovereign and institutional capital before listing on the London Stock Exchange and Abu Dhabi Securities Exchange.

🏗️ What VivoPower Actually Announced

VivoPower, a power infrastructure developer that has pivoted heavily toward AI compute, told investors its board had approved carving out its non-Nordic AI data-centre assets into a separately capitalised platform. Executive Chairman and CEO Kevin Chin said the board "approved the establishment of a separately listed Platform to hold and independently capitalize the non-Nordic AI data center portfolio which our team has assembled through long-standing sovereign and government relationships across the GCC and ASEAN regions," adding that the structure "may unlock incremental value for VivoPower shareholders," according to the company's August 17 disclosure.

The company says the 2.2GW figure covers a mix of development stages, from sites that are ready to build with power connections and permits already secured, to land positions under negotiation and projects still covered only by a memorandum of understanding. The new platform will seek pre-listing capital from sovereign and institutional investors before pursuing a primary listing on the London Stock Exchange and a secondary listing on the Abu Dhabi Securities Exchange.

🇴🇲 Where Oman Fits, and Where It Doesn't Yet

Oman sits alongside the UAE, Saudi Arabia, Malaysia and the Philippines as one of the five jurisdictions VivoPower named for the portfolio. That alone is notable: it puts the Sultanate on the radar of a listed international developer actively assembling AI compute capacity across the Gulf and Southeast Asia. But as Oman Observer's reporting made clear, VivoPower has not disclosed how many megawatts sit in Oman specifically, where any site would be located, what it might cost, or who a local partner might be. The company has said tiered, jurisdiction-by-jurisdiction disclosure will come "at the appropriate time."

In other words, Oman's inclusion confirms interest, not commitment. There is no final investment decision, no signed land agreement, and no named sovereign co-investor tied specifically to an Omani project as of this writing.

🌐 Part of a Bigger Pattern

Even without firm numbers, the announcement lands at a moment when Oman is actively courting exactly this kind of capital. In July, Under-Secretary Dr Ali Al Shidhani told the UN Global Dialogue on AI Governance in Geneva that Oman is building a "Digital Triangle" of three gigawatt-scale hubs designed to host green AI data centres, leveraging the country's submarine cable landings and renewable power, according to Oman Observer's coverage of the Geneva remarks. That followed a May 2026 agreement among Italian firms RINA, Vitali and Forte Secur Group, Oman's Dream Group and the UAE's Corpolgia to build a roughly 150MW hyperscale green data centre in Oman, as Muscat Daily reported.

There is also a track record of returns to point to. The Oman Investment Authority booked a 10.3x return multiple and a 68% annualised IRR from a partial exit of its stake in Crusoe, a US-based AI infrastructure company now valued near $10 billion, according to Oman Observer's report on May 24, 2026. Our earlier coverage of Oman's data centre market, projected to grow from $288 million to $492 million by 2031, laid out why global operators keep circling the Sultanate: cheap and increasingly renewable power, subsea cable connectivity, and a government actively building the regulatory scaffolding, including the AI Special Economic Zone established by royal decree earlier this year.

VivoPower's own history suggests the naming of a market does not always translate quickly into shovels in the ground; the company has previously flagged powered-land positions in Finland and a repurposed Norwegian crypto facility as part of its broader pivot from solar development toward what it calls "sovereign AI compute infrastructure." Oman appears to be the newest addition to that list of watched markets rather than a confirmed build site.

💰 Why This Financing Model Matters

The structure VivoPower is proposing, raising sovereign and institutional capital ahead of a stock listing rather than relying on government-backed debt, mirrors a broader regional debate about how Gulf states should pay for expensive digital and physical infrastructure. Our sister publication has examined how Oman has deliberately avoided the debt-heavy infrastructure model that nearly bankrupted Dubai, preferring joint ventures, private capital and sovereign co-investment. If an Oman AI data-centre project does materialise under VivoPower's platform, that financing structure, spreading capital cost across institutional investors rather than the state balance sheet, would fit squarely within that pattern.

🤔 Why This Matters for Oman

For now, this is a watch-list story rather than a groundbreaking. No jobs have been created, no site has been chosen, and no capital has been committed to Oman specifically. But the fact that a Nasdaq-listed infrastructure developer is willing to name Oman publicly, alongside the UAE and Saudi Arabia, as a market where it already holds land positions or government relationships is a data point worth tracking. It reinforces Oman's positioning within the Digital Triangle strategy and adds another potential entrant to a data-centre landscape that already includes Oman Data Park, the Italian-Omani-UAE green data centre venture, and the state's own AI Special Zone. Whether VivoPower's Oman ambitions turn into an announced project, a signed land deal or nothing at all will be the real test of how much this week's disclosure is worth to the Sultanate's AI infrastructure ambitions.