Home/Events/Oracle Sends Force Majeure Notice for New Mexico Stargate Data Center

Oracle Sends Force Majeure Notice for New Mexico Stargate Data Center

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Confidence

80%

Impact: 60%

Updated 1h ago

Consensus Brief

Oracle has issued a force majeure notice regarding its Project Jupiter data center in New Mexico, allowing for potential delays in payments if the facility does not meet its 2028 operational target. Despite this notice, Oracle asserts that it remains committed to the project and does not anticipate delays. The notice follows setbacks related to energy supply and regulatory approvals.

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TechCrunchT2

Primary: TechCrunch

What Changed Since Last Update

1h ago

Oracle's issuance of a force majeure notice is a new development that allows for payment delays due to potential construction setbacks.

Claim Ledger

4 claims tracked across sources

Confirmed Fact

Oracle is not seeking to exit as the campus’s main tenant.

Confirmed Fact

Project Jupiter is designed to handle 2.45 gigawatts and is meant to run on gas-powered fuel cells from Bloom Energy.

Confirmed Fact

An Energy Transfer pipeline intended to deliver gas to the site has been delayed nearly six months.

Confirmed Fact

The state’s environment department faces a Nov. 23 deadline to decide on a pending air quality permit.

Role-Based Impact Analysis

Source Timeline

1 source corroborating

Oracle sends force majeure notice on its New Mexico Stargate data center

TechCrunch·1h ago