Oracle Sends Force Majeure Notice on its New Mexico Stargate Data Center
The notice would allow Oracle to delay payments should the facility miss its 2028 target to come online.
TL;DR
- Oracle sent a force majeure notice to the developer of Project Jupiter, a Stargate data center campus in New Mexico.
- The notice allows Oracle to potentially delay payments if the facility misses its 2028 operational target.
- The project faces delays due to issues with its energy supply, including a delayed gas pipeline and pending air-quality permits.
- Despite setbacks and opposition, Oracle states it remains committed to the project's schedule and New Mexico.