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Vitol Makes Push Into Data-Center Infrastructure With US Deal

Bloomberg Markets Monday 17 August 2026, 16:42 UTC By Archie Hunter 1 min read
Key Points

Vitol Makes Push Into Data-Center Infrastructure With US Deal Vitol said its renewables arm had acquired a data center campus in South Carolina from Meridan Gridworks, one of the first instances of a major commodity trader delving into artificial intelligence infrastructure. Meridian will continue to develop the campus, while Vitol and its arm VC Renewables will help develop the site’s energy supply and storage infrastructure, the company said Monday in a statement. No terms for the deal...

Vitol Makes Push Into Data-Center Infrastructure With US Deal Vitol said its renewables arm had acquired a data center campus in South Carolina from Meridan Gridworks, one of the first instances of a major commodity trader delving into artificial intelligence infrastructure. Meridian will continue to develop the campus, while Vitol and its arm VC Renewables will help develop the site’s energy supply and storage infrastructure, the company said Monday in a statement. No terms for the deal were disclosed.
Vitol (LOCATION) US (LOCATION) South Carolina (LOCATION) Meridan Gridworks (PERSON) Meridian (ORG) VC Renewables (ORG)
Originally published by Bloomberg Markets Read original →

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