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Ebury backs Novva's AI power build-out across markets

Ebury backs Novva's AI power build-out across markets

Tue, 6th Oct 2026 (Today)
Karen Joy Bacudo
KAREN JOY BACUDO Finance Editor

Ebury has entered a strategic partnership with Novva centred on the company's international build-out of power infrastructure for artificial intelligence projects.

Under the agreement, Ebury will provide cross-border financial services to support Novva's operations across Asia-Pacific and Latin America. These include international payments, multi-currency cash management and foreign exchange hedging linked to Novva's supply chains and engineering, procurement and construction activity.

Novva is building a portfolio focused on renewable energy and related infrastructure for data-intensive computing. The company operates as an investment and development platform spanning internet data centres, power infrastructure and renewable energy projects.

For Ebury, the deal positions its services alongside a developer expanding across several overseas markets. The fintech group supports payments in more than 140 currencies across 160 countries and serves more than 27,000 businesses.

Recent deals

The partnership follows a series of transactions by Novva as it expands its energy base, including the acquisition of a 3.17 GW solar and wind portfolio in Argentina.

It has also acquired a 120 MWp solar project in the Philippines and a 37.8 MWac solar portfolio in Colombia from ABO Energy. Separately, Novva invested in Slovak battery company InoBat through Bromo Capital, adding energy storage exposure to its broader infrastructure plans.

Those assets highlight the geographical spread of Novva's portfolio across Latin America and parts of Asia, while the company also operates in Europe and North Asia. The mix of renewable generation and storage points to a strategy aimed at securing electricity supply for computing-related infrastructure across multiple jurisdictions.

The tie-up also reflects a broader trend in the AI sector, where rising demand for data processing has sharpened focus on electricity supply, project financing and the complexity of building supporting infrastructure across borders. As developers expand physical assets, they are also managing currency exposure, supplier payments and local funding structures.

Cross-border focus

Ebury's role in the partnership is focused on the financial side of that expansion. Multi-country project development often requires businesses to move funds between markets, manage working capital in different currencies and reduce exchange-rate risk on procurement contracts and contractor payments.

That is particularly relevant for renewable energy and power infrastructure projects, where equipment is often sourced internationally and payment schedules stretch across long construction timelines. Companies operating in both emerging and developed markets may also need to navigate different banking systems and regulatory requirements as they scale.

Steven Liu, Founder and Chief Executive Officer of Novva, said the partnership was intended to support the company's pace of expansion as it develops energy assets linked to AI demand.

"AI's future depends on reliable, sustainable power. With Ebury, our financial engine will move as fast as our projects, giving us the agility to power the next generation of AI, sustainably and at scale," said Liu.

Terence Oh, Country Manager of Greater China and Singapore at Ebury, said the agreement reflects a wider need for financial systems that can support international infrastructure development.

"Powering AI takes more than energy; it takes financial infrastructure built for global ambition. We're proud to stand behind Novva as they build the backbone of the sustainable compute economy," said Oh.

Ebury was founded in London in 2009 and has expanded to more than 50 offices across more than 30 regulated markets. Novva is registered in Singapore and operates across Europe, Latin America, Southeast Asia and North Asia.

The partnership brings together a fintech group focused on international business payments and risk management with a developer assembling renewable power, storage and related infrastructure for AI-linked demand. It also highlights how financing and treasury operations are becoming a bigger part of the build-out of electricity assets tied to the growth of artificial intelligence.