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Commodity trader Vitol has acquired a 600 MW South Carolina data center from Meridian Gridworks as part of its AI infrastructure expansion.

The transaction demonstrates non-traditional capital entering the AI real estate market, adding competitive pressure on lease pricing and site availability for hyperscalers.
Trade pressSlicast · August 18, 2026 · US · Source: Google News
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Commodity trader Vitol has acquired a 600 MW South Carolina data center from Meridian Gridworks as part of its AI infrastructure expansion.

The transaction demonstrates non-traditional capital entering the AI real estate market, adding competitive pressure on lease pricing and site availability for hyperscalers.

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Commodity trader Vitol has acquired a 600 MW… · Slicast