Valor Energy agrees to buy Glorious Star for $3.6 million
VAI•
VAI•Valor Energy agreed on October 18, 2026, to acquire Glorious Star for $3.6 million, including a $360,000 refundable deposit and a $3.24 million closing payment. The Youngstown property is planned for conversion into an AI and high-performance computing data center.
Valor Energy agreed to acquire 100% of Glorious Star for $3.6 million. Payment terms include a $360,000 refundable deposit, a $3.24 million closing payment and $30,000 to reimburse prepaid rent; closing is due within 30 business days of the effective date, subject to satisfactory due diligence and other conditions.
The Youngstown, Ohio, project includes approximately 30,888 square feet of warehouse space and 18 MVA of apparent power capacity. Plans call for conversion into an artificial intelligence and high-performance computing data center, requiring additional construction, equipment and permitting.