Tottenham Hotspur and VivoPower Announce Profitable Completion of Feasibility Research for SES Initiatives


LONDON, June 29, 2021 (GLOBE NEWSWIRE) — Tottenham Hotspur (“The Membership”) has at the moment introduced that its Official Battery Expertise Accomplice, VivoPower Worldwide PLC (Nasdaq: VVPR) (“VivoPower”, the “Firm”) has accomplished feasibility research to evaluate preliminary alternatives for sustainable power options (“SES”) at each Tottenham Hotspur Stadium and the Membership’s Hotspur Method Coaching Centre in Enfield. The Membership and VivoPower are actually exploring the potential of shifting ahead with the implementation of a number of SES initiatives.

Following on from the announcement of the distinctive partnership in February, VivoPower accomplished an engineering evaluation of each amenities to pinpoint optimum options and an array of potential initiatives to cut back each carbon footprint and power prices. The Membership is now working with VivoPower to evaluate the engineering and design of renewable power infrastructure that might be put in at each the stadium and coaching centre.

This vital milestone highlights Tottenham Hotspur’s ongoing efforts in the direction of decarbonisation and minimisation of the environmental impacts of its actions throughout all Membership operations. The Membership has just lately been recognised because the English Premier League’s greenest membership following a research carried out by BBC Sport and the UN-backed Sport Optimistic Summit.

The Membership can also be a signatory of the UN Sports activities for Local weather Motion Framework, demonstrating its dedication to taking part in its half to make sure the sports activities sector is on the trail to a low-carbon future, according to the goals of the Paris Settlement. Moreover, final 12 months Tottenham Hotspur turned a founding accomplice of Rely Us In, a worldwide motion aiming to mobilise 1 billion folks within the battle towards local weather change.

Donna-Maria Cullen, Government Director of Tottenham Hotspur, stated: “The Membership is dedicated to reaching its sustainable objectives and is inspired by the findings of the feasibility research carried out by VivoPower.

“Each our stadium and coaching centre have been constructed with sustainability in thoughts and we stay up for working carefully with VivoPower to evaluate the implementation of additional measures.”

Kevin Chin, Government Chairman and CEO of VivoPower, famous: “We’re more than happy that the result of the feasibility research affirm vital alternatives to ship reductions in emissions in addition to prices for Tottenham Hotspur. Our group will now be working carefully with the Membership to take a look at how we may implement holistic sustainable power options.”

Joshua Krasnigor, Senior Engineer and Venture Technical Director of VivoPower, stated: “We’re excited to progress the SES alternatives recognized over the previous few months for Tottenham Hotspur’s state-of-the-art amenities. The options we’re creating by means of this partnership will characterize a significant step in the direction of reaching Tottenham Hotspur’s sustainable objectives whereas concurrently decreasing the Membership’s working prices.

“VivoPower appears ahead to persevering with to work with Tottenham Hotspur to debate implementing these SES initiatives and proceed creating bespoke options for the Membership as they prepared the ground for sports activities organisations pursuing decarbonisation.”

About VivoPower

VivoPower is a sustainable power options firm targeted on battery storage, electrical options for customised and ruggedised fleet functions, photo voltaic and important energy know-how and companies. The Firm’s core function is to offer its clients with turnkey decarbonisation options that allow them to maneuver towards internet zero carbon standing. VivoPower is an authorized B Company with operations in Australia, Canada, the Netherlands, the UK and the US.

Ahead-Trying Statements

This communication consists of sure statements that will represent “forward-looking statements” for functions of the U.S. federal securities legal guidelines. Ahead-looking statements embody, however aren’t restricted to, statements that consult with projections, forecasts or different characterizations of future occasions or circumstances, together with any underlying assumptions. The phrases “anticipate,” “imagine,” “proceed,” “may,” “estimate,” “count on,” “intends,” “could,” “would possibly,” “plan,” “attainable,” “potential,” “predict,” “challenge,” “ought to,” “would” and related expressions could establish forward-looking statements, however the absence of those phrases doesn’t imply {that a} assertion shouldn’t be forward-looking. Ahead-looking statements could embody, for instance, statements concerning the future implementation of SES challenge and the advantages of the occasions or transactions described on this communication and the anticipated returns therefrom. These statements are based mostly on VivoPower’s administration’s present expectations or beliefs and are topic to threat, uncertainty and adjustments in circumstances. Precise outcomes could fluctuate materially from these expressed or implied by the statements herein resulting from adjustments in financial, enterprise, aggressive and/or regulatory elements, and different dangers and uncertainties affecting the operation of VivoPower’s enterprise. These dangers, uncertainties and contingencies embody adjustments in enterprise situations, fluctuations in buyer demand, adjustments in accounting interpretations, administration of speedy progress, depth of competitors from different suppliers of services, adjustments normally financial situations, geopolitical occasions and regulatory adjustments and different elements set forth in VivoPower’s filings with the US Securities and Alternate Fee. The knowledge set forth herein needs to be learn in gentle of such dangers. VivoPower is beneath no obligation to, and expressly disclaims any obligation to, replace or alter its forward-looking statements whether or not because of new data, future occasions, adjustments in assumptions or in any other case.

CONTACT: Contacts VivoPower Investor Relations VivoPower Press



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