Valor Energy to buy Youngstown computing center equity for $3.6 million
Valor Energy agreed on October 18, 2026 to acquire 100% of the equity of Glorious Star LLC, which holds interests in a computing center project in Youngstown, Ohio, for an aggregate price of $3.6 million. The company plans to convert the site into a data center for AI and high-performance computing, but the filing says that conversion needs further design, construction, equipment and permitting work and that completion is uncertain.
Key points
- Aggregate purchase price is $3.6 million; a $360,000 refundable deposit is due within five business days, with $3,240,000 payable at closing.
- Closing is subject to due diligence and must occur by the 30th business day after the agreement's effective date unless extended.
- The company will reimburse the seller $30,000 for prepaid rent through December 31, 2026 and is responsible for electricity charges after November 15, 2026.
- The site has 18 MVA of apparent power capacity, which the filing says does not necessarily equal usable IT load.
The filing
Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 22, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.