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Oracle issues force majeure notice on New Mexico Stargate data center project

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GoKawiil Brief

Oracle sent a force majeure notice to the developer of Project Jupiter, a Stargate data center campus in New Mexico, according to Bloomberg. The notice would let Oracle delay payments if the facility fails to meet its 2028 launch target, though the company says it isn't trying to exit as the site's main tenant. Both Oracle and Blue Owl Capital, whose unit received the notice, say the project's financial commitments remain unchanged and construction is on schedule.

Why It Matters

GoKawiil's interpretation of the reporting above, not reported fact.

The move suggests Oracle may be hedging against risks tied to the campus's energy supply, since the site depends on gas-powered fuel cells and a pipeline whose completion has already slipped roughly six months amid permitting denials. A pending state air-quality permit decision due November 23 adds further uncertainty, and any delays could ripple into Stargate's broader buildout for AI customers like OpenAI.

Key Takeaways

Source: techcrunch.com — Aditya Mehta, 2026-09-24

Published there as: “Oracle sends force majeure notice on its New Mexico Stargate data center”

Read the original report → The summary and analysis above are GoKawiil's own, written from reporting by the source above. Facts and quotes belong to the original publisher.