Oracle sends force majeure notice on its New Mexico Stargate data center
Oracle issued a force majeure notice that could delay payments for its New Mexico Stargate data center.
Oracle sent a force majeure notice to the developer of Project Jupiter, a Stargate data-center campus in New Mexico, Bloomberg reported. The notice would let Oracle delay payments if the site misses its 2028 online target; sources said Oracle is not seeking to exit as the main tenant. The 2.45-gigawatt campus is designed around Bloom Energy gas fuel cells, and an Energy Transfer pipeline has been delayed nearly six months to February 1, 2027. Oracle said the project remains on schedule, and Blue Owl Capital said financial commitments are unchanged.
- Force majeure would let Oracle delay payments if the 2028 online date slips.
- Oracle says it is not exiting and Project Jupiter remains on schedule.
- The 2.45 GW campus depends on Bloom Energy fuel cells and a delayed gas pipeline.
- Blue Owl says the notice does not change multi-year financial commitments.
- Vendors
- Oracle
- Products
- Project JupiterStargate
- Countries
- United States
From the original article
2 min read at techcrunch.com
The notice would allow Oracle to delay payments should the facility miss its 2028 target to come online.
By Aditya Mehta · techcrunch.com
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