# 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.

- Type: Investment
- Announced: 2025-08-18
- Value: $200.0M
- Status: announced
- Products: electric light vehicles (e-LV)
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [VivoPower International](https://endata.com/companies/35300.md)
- [Tembo e-LV](https://endata.com/companies/76614.md) (target)
- [Cactus Acquisition Corp. 1 Limited](https://endata.com/companies/76615.md) (partner)
- [Energi Holdings](https://endata.com/companies/86679.md) (investor)

## Sources

- [globenewswire.com](https://www.globenewswire.com/de/news-release/2025/08/18/3135007/0/en/vivopower-s-tembo-e-lv-subsidiary-on-track-for-200-million-enterprise-value-investment-from-energi-holdings-via-spac-transaction.html), 2025-08-18: "Energi to acquire 51% of Tembo with VivoPower continuing to hold a significant shareholding in Tembo post-SPAC merger"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.