Energi Holdings to invest $200M in Tembo e-LV via SPAC transaction

VivoPower announced that Energi Holdings will acquire a 51% stake in its subsidiary Tembo e-LV at a $200 million enterprise valuation, supporting Tembo's business combination with SPAC Cactus Acquisition Corp 1.

“Energi to acquire 51% of Tembo with VivoPower continuing to hold a significant shareholding in Tembo post-SPAC merger”globenewswire.com

• 1 source
• globenewswire.comVivoPower’s Tembo e-LV Subsidiary on Track for $200 MillionVivoPower International PLCAug 18, 2025

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