Reuters

Oracle triggers 'force majeure' on data center project over power delays, source says

Blue Owl says notice does not change financial commitments to multi-year project Blue Owl has about $3 billion in equity, while Oracle pays debt costs, source says Oracle says Project Jupiter remains ...
MarketScreener

Oracle : How Project Jupiter’s Self-Supplied Power Plan Can Benefit New Mexico Utility Customers

New Mexico's 2025 Advanced Grid Technology Act allows qualifying microgrids to serve large loads separately from the public grid and requires the energy they generate and sell to come from ...
Searchlight New Mexico

Oracle touts Project Jupiter benefits during tour as wrangling over power continues

The massive Project Jupiter faces another delayed permitting proceeding. Meanwhile, Oracle exes flew in this week to provide ...

Oracle’s Project Jupiter Loans Are Trading at 90 Cents. Here’s What the Q1 Numbers Say

Target Price (Mid): ~$489Street Target: ~$238Potential Total Return: ~229%Annualized IRR: ~29% / yearWhat Happened?Oracle Corporation (ORCL) just did something unusual for a company whose stock has ...
Datacenter Dynamics

Oracle issues force majeure notice to Blue Owl following series of setbacks at Project Jupiter data center campus – report

Oracle has sent a ‘force majeure’ notice to Blue Owl Capital in an effort to shield itself from potential increased costs associated with a data center project in New Mexico, per a report from ...
KFOX 14

Oracle: Project Jupiter has brought in nearly $80M in taxes, 7,000 jobs projected

DONA ANA COUNTY, N.M. (KFOX14/CBS4) — Oracle officials said its massive Project Jupiter data center in Doña Ana County has already generated nearly $80 million in state and local tax revenue and is ...
Hosted on MSN

Oracle, Blue Owl project delay sends ripples through AI financing

Oracle's move to protect itself against potential delays at a massive data center project developed by Blue Owl in New Mexico sent a chill through the trillion-dollar market for AI infrastructure ...
Business Insider

Local data center opposition claims its latest victim: Oracle's Project Jupiter gas plant

You're currently following this author! Click to unsubscribe from email alerts. Oracle is ditching a contentious plan to construct a natural gas plant to power one of its newest data centers. Instead, ...
Wall Street Journal

Cracks in Oracle’s AI Data-Center Build-Out Appear in Massive New Mexico Project

Oracle set out last year to lease a massive AI data-center campus being built in New Mexico’s Doña Ana County, part of a blitz of deals to create computing power for OpenAI. The company made ...
gizmodo

AI Bubble Watch: Oracle Seeks Financial Shield From Massive Data Center Project

The future of the American artificial intelligence industry is tied to the massive data center initiative known as Project Stargate. Oracle, one of the biggest backers of that effort, just took steps ...
MarketScreener

Oracle, Blue Owl project delay sends ripples through AI financing, sources say

Oracle's move to protect itself against potential delays at a massive data center project developed by Blue Owl in New Mexico sent a chill through the trillion-dollar market for ...