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● TRACKER Updated 21d ago · 44 sources tracked

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

Oracle has revised or withdrawn permits for gas turbines and pipelines at Project Jupiter, shifting the New Mexico AI campus toward Bloom Energy fuel cells. This pivot follows a force majeure notice triggered by power delays that threaten the 2.45-gigawatt facility built for OpenAI. While Oracle executives recently toured the site to highlight economic benefits, the project faces continued permitting delays and scrutiny over emissions from Doña Ana County commissioners. The force majeure action has reportedly cost developer Blue Owl 180 million dollars in deferred yield.

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  • ✓ Project Jupiter faces ongoing permitting delays.
  • ✓ Oracle executives conducted a tour to provide construction updates and highlight economic benefits.
  • ✓ Doña Ana County commissioners have raised questions regarding the project.
🛡️ Source Corroboration: 44 independent reporting domains (80% confidence) ⏱ Read time: ~2 min

What changed

Oracle is shifting its power plan from gas turbines and pipelines to Bloom Energy fuel cells.

Live updates

  1. Oracle pivots Project Jupiter power strategy amid force majeure and permit delays

    Oracle has revised or withdrawn permits for gas turbines and pipelines at Project Jupiter, shifting the New Mexico AI campus toward Bloom Energy fuel cells. This pivot follows a force majeure notice triggered by power delays that threaten the 2.45-gigawatt facility built for OpenAI. While Oracle executives recently toured the site to highlight economic benefits, the project faces continued permitting delays and scrutiny over emissions from Doña Ana County commissioners. The force majeure action has reportedly cost developer Blue Owl 180 million dollars in deferred yield.

    Why it matters

    Project Jupiter is a multi-billion-dollar infrastructure effort developed by Blue Owl. The facility's timeline was compromised after state officials twice rejected the Green Chile gas line.

    What is confirmed

    • Project Jupiter faces ongoing permitting delays.
    • Oracle executives conducted a tour to provide construction updates and highlight economic benefits.
    • Doña Ana County commissioners have raised questions regarding the project.

    Still unconfirmed

    • Oracle withdrew or revised permits for gas turbines and a related pipeline to shift toward Bloom Energy fuel cells.

    What to watch next

    • Approval or rejection of revised power permits
    • Confirmation of the transition to Bloom Energy fuel cells
    • Updates on the 18 billion dollar loan pricing
    Sources used for this update (6)
    1. www.santafenewmexican.com — Oracle touts Project Jupiter benefits during tour as wrangling over power continues
    2. centralintelligence.co — Project Jupiter’s Power Plan Under Pressure | Data Centers ...
    3. note.com — Will the AI Bubble Burst? The 'Five Major Resource Shortages' Hitting AI in 2027 and the Risk of Over-Supply in 2028
    4. finance.biggo.com — SemiAnalysis Raises Its 2027 US Data Center Forecast to 50 GW, Rejecting Gerstner's Halved Estimate
    5. businessmodelanalyst.com — Oracle Invoked Force Majeure on a Data Center Still Waiting ...
    6. www.organmountainnews.com — Oracle touts Project Jupiter benefits during tour as ...
    confidence 80%

  2. Oracle Triggers Force Majeure on New Mexico AI Data Center

    Oracle triggered a force majeure notice for Project Jupiter, a massive artificial intelligence data center campus in New Mexico, due to pipeline delays that threaten its operational timeline and a multi-billion-dollar backlog. The 2.45-gigawatt facility, built for OpenAI and developed by Blue Owl, faces regulatory roadblocks after state officials rejected the Green Chile gas line twice. Oracle shares fell nearly 5 percent in pre-market trading as investors questioned the costly infrastructure project, which may rely on expensive truck-delivered natural gas.

    Why it matters

    The 2.45-gigawatt artificial intelligence project relies on Bloom Energy fuel cells requiring pipeline gas, but regulatory denials for the Green Chile line have stalled the timeline. Oracle previously used truck-delivered natural gas at a Utah facility and is weighing the same costly approach in New Mexico. Construction on the potential multi-billion-dollar campus reached 26 percent completion while key power and permitting issues move forward.

    What is confirmed

    • Oracle issued a force majeure notice for the New Mexico Project Jupiter data centre.
    • Project Jupiter is a 2.45-gigawatt AI campus in New Mexico built for OpenAI.
    • Oracle sent the force majeure notice to developer Blue Owl.
    • Oracle shares fell nearly 5% in pre-market trading following reports of the force majeure notice.

    Still unconfirmed

    • The Khazarian Mafia is heavily investing in AI and attempting to start a war against AI while international war crimes tribunals close in.

    What to watch next

    • Whether Oracle proceeds with trucking compressed natural gas to the New Mexico site at four times the normal cost.
    • Updates on the February 2027 operational timeline or potential launch delays beyond 2028.
    Sources used for this update (5)
    1. www.wionews.com — Oracle shares fall 5% as costly AI infrastructure project ...
    2. www.foreignpolicyjournal.com — Oracle (NYSE: ORCL) Issues Force Majeure Warning As Pipeline Delay Threatens $664 Billion AI Backlog
    3. article.wn.com — Oracle cites ‘force majeure’ to shield itself on data center ...
    4. finance.yahoo.com — Oracle trucks natural gas to AI data centers amid pipeline delays
    5. eraoflight.com — Benjamin Fulford Report: KM desperately trying to start “war against AI” as war crimes tribunals clos....
    confidence 90%

  3. Oracle Weighs Trucked Gas as Project Jupiter Pipeline Slips to 2027

    Oracle is weighing the delivery of compressed natural gas by trucks at four times the cost to bypass power delays at Project Jupiter, its massive artificial intelligence data center campus in New Mexico. The 2.45-gigawatt project relies on Bloom Energy fuel cells that require pipeline gas. State regulators refused the 17.77-mile Green Chile line twice, pushing its operational timeline to February 2027. Following a force majeure notice that allows the tech firm to defer rent payments, construction on the potential $165 billion campus has reached 26 percent completion while key power and permitting issues move forward.

    Why it matters

    The 2.45-gigawatt campus requires heavy energy infrastructure that faces acute power scarcity and regulatory roadblocks. Oracle issued a force majeure warning as natural gas pipeline setbacks, permitting delays, and power shortages threatened future cash flows and debt obligations. The stopgap trucking measure allows the company to get early stages of the data center online before the pipeline enters service, though it comes at a significantly higher cost.

    What is confirmed

    • Oracle issued a force majeure notice for Project Jupiter, its artificial intelligence data center campus in New Mexico.
    • The data center campus has a capacity of 2.45 gigawatts and runs on Bloom Energy fuel cells.
    • The 17.77-mile Green Chile pipeline was refused twice by state regulators and slipped to February 2027.
    • Oracle is weighing trucked compressed natural gas at four times the cost to get early stages of the project online.
    • Project Jupiter has reached 26 percent completion as construction advances.

    What to watch next

    • Regulatory approval or rejection of future pipeline applications by state authorities.
    • Finalization of the trucked natural gas delivery plan for the data center campus.
    • Milestones regarding the February 2027 timeline for the 17.77-mile Green Chile pipeline.
    Sources used for this update (5)
    1. constructionreviewonline.com — How is Oracle’s $165B Project Jupiter: On Track or Derailed?
    2. finance.yahoo.com — Oracle’s ‘force majeure’ warning lands as AI power gets scarce
    3. inlevel9.com — When Chipmakers and Insurers Start Acting Like Banks · Issue #300 · INLEVEL9
    4. nexi.fund — Oracle's 2.45 GW Data Center Is Waiting on a 17-Mile Pipeline
    5. www.supplychainbrain.com — Oracle Moves Gas by Trucks to Avoid Data Center Power Delays
    confidence 100%

  4. Oracle Triggers Force Majeure on New Mexico AI Center

    Austin-based multinational technology company Oracle Corporation has issued a force majeure notice for Project Jupiter, its artificial intelligence data center campus in New Mexico. The legal maneuver allows the tech firm to defer rent payments as the project faces natural gas pipeline setbacks, permitting delays, and power shortages. The massive campus represents a potential investment of up to $165 billion over its lifespan and incorporates a massive fuel-cell deployment from Bloom Energy Corporation. Analysts warn that these infrastructure delays threaten future cash flows and debt obligations tied to the high-stakes buildout.

    Why it matters

    The artificial intelligence infrastructure boom relies heavily on massive debt and future commitments, exposing companies to severe financial risks when physical bottlenecks occur. Securing power is no longer sufficient for massive computing deployments, as evidenced by pipeline setbacks and permitting hurdles stalling critical facilities. Morgan Stanley has warned that delayed revenues and cash flows resulting from these infrastructure holdups could create significant pressure on corporate debt.

    What is confirmed

    • Oracle Corporation is an American multinational technology company headquartered in Austin, Texas.
    • Oracle issued a force majeure notice on Project Jupiter, its New Mexico artificial intelligence data center campus.

    Still unconfirmed

    • Oracle is using the force majeure maneuver specifically to defer rent payments amid power shortages, permitting delays, and natural gas pipeline setbacks.
    • Project Jupiter represents a potential investment of up to $165 billion over its lifespan and includes a fuel-cell deployment from Bloom Energy Corporation.
    • Construction loans for the Project Jupiter site are trading between 89 and 91 cents on the dollar.

    What to watch next

    • Resolution of the natural gas pipeline delays and permitting hurdles in New Mexico
    • Updates on Bloom Energy fuel-cell deployment timelines for the campus
    • Further financial assessments from Morgan Stanley and other institutions regarding Oracle debt
    Sources used for this update (8)
    1. en.wikipedia.org — Oracle Corporation - Wikipedia
    2. finance.yahoo.com — Oracle Corporation (ORCL) Stock Price, News, Quote & History ...
    3. docs.oracle.com — Oracle Help Center
    4. finance.yahoo.com — AI Data Center Delays Raise New Questions For ORCL, BE And ...
    5. frankrayal.com — Oracle, Force Majeure, and the Hidden Risks Behind the AI ...
    6. www.insidermonkey.com — Oracle’s Force Majeure Notice on Project Jupiter: Why Bloom ...
    7. www.ttnews.com — Oracle moves gas by trucks to avoid data center power delays
    8. www.zerohedge.com — "Delayed Revenue, Delayed Cash Flow": Morgan Stanley Warns Oracle Data Center Delays Could Crush Its Debt....
    confidence 90%

  5. Oracle invokes force majeure on Project Jupiter AI campus

    Oracle Corporation issued a force majeure notice for Project Jupiter, an AI data center campus in New Mexico. The company is using the legal maneuver to defer rent payments amid power shortages, permitting delays, and natural gas pipeline setbacks. The project represents a potential investment of up to $165 billion over its lifespan and includes the largest single fuel-cell deployment from Bloom Energy Corporation, totaling up to 2.45 gigawatts. Construction loans for the site are currently trading between 89 and 91 cents on the dollar.

    Why it matters

    Power availability has become the primary constraint for AI infrastructure, with Morgan Stanley reporting that power equipment is sold out into the 2030s. This delay affects Oracle's ability to meet construction timelines and financial obligations. The situation highlights broader market anxieties regarding the financing and energy requirements of massive AI clusters.

    What is confirmed

    • Oracle issued a force majeure notice on Project Jupiter, an AI data center campus in New Mexico.
    • Project Jupiter involves a potential investment of up to $165 billion over its life.
    • The project includes a fuel-cell deployment from Bloom Energy Corporation of up to 2.45 gigawatts.

    Still unconfirmed

    • Permitting delays, electricity shortfalls, and a natural gas pipeline delay caused the force majeure action.
    • Construction loans for the project are trading below par near 89 to 91 cents.
    • Equity shares for Oracle and OFSS dropped following the announcement.

    What to watch next

    • Updates on the natural gas pipeline construction timeline
    • Official statements from Bloom Energy regarding the fuel-cell deployment status
    • Court filings or lease renegotiation terms between Oracle and the warehouse owner
    Sources used for this update (4)
    1. capacityglobal.com — $165bn Project Jupiter: What Oracle's force majeure notice ...
    2. finance.yahoo.com — Oracle’s Force Majeure Notice on Project Jupiter: Why Bloom ...
    3. www.matterfact.com — Warehouse Rents Turn Up as Oracle Reaches for Force Majeure ...
    4. slicast.com — Oracle AI Infrastructure, October 2026: Power Grid Delays ...
    confidence 90%

  6. Oracle invokes force majeure on Project Jupiter data center

    Oracle declared a force majeure on Project Jupiter, an 18 billion dollar Stargate artificial intelligence data center campus in New Mexico, to defer rent payments rather than exit the agreement. Financial sources trace the action to permitting delays, electricity shortfalls, and a natural gas pipeline delay affecting power capacity. The legal notice protects the tech company from liabilities linked to construction setbacks. Concurrently, construction loans for the project are trading below par near 89 to 91 cents, while equity shares for Oracle and OFSS dropped following the announcement amid broader anxieties over artificial intelligence infrastructure financing and power constraints.

    Why it matters

    The disruption at the New Mexico campus highlights the severe infrastructure bottlenecks facing large-scale artificial intelligence developments. Power constraints, permitting snags, and fuel supply delays now threaten the aggressive timelines required for modern computing clusters. Analysts remain bullish despite the setbacks, while equipment suppliers and energy firms navigate complex delivery schedules for turbines and on-site generation.

    What is confirmed

    • Oracle invoked a force majeure notice on Project Jupiter, an 18 billion dollar Stargate data center campus in New Mexico developed by a Blue Owl unit.
    • The force majeure notice aims to defer rent payments rather than exit the project.
    • Project construction loans are trading below par near 89 to 91 cents.

    Still unconfirmed

    • The action is tied to a natural gas pipeline delay affecting power capacity.
    • GE Vernova is in talks to contract turbines for 2031 and 2032.
    • Bloom, Boom Supersonic, and PowerSecure pitched on-site power as permanent solutions.

    What to watch next

    • Resolution of the rent deferral and lease terms between Oracle and the Blue Owl unit developing the campus.
    • Trading prices and liquidity updates for the 18 billion dollar construction loans.
    • Progress reports on power permits, natural gas pipeline schedules, and turbine contracting.
    Sources used for this update (4)
    1. www.marketbeat.com — ORCL Stock: Force Majeure Notice Tests BE, ET Amid AI Build-Out
    2. www.heise.de — Massive AI data center delayed? Oracle wants deferral of rent ...
    3. www.realtytoday.com — Oracle's Force Majeure Notice on Project Jupiter Puts Rent ...
    4. www.matterfact.com — Oracle Invokes Force Majeure Over Power Permits While Turbine ...
    confidence 90%

  7. Oracle Triggers Force Majeure on $18B Project Jupiter

    Oracle triggered a force majeure notice on Project Jupiter, an $18 billion Stargate data center campus in New Mexico being developed by a Blue Owl unit. The legal notice shields Oracle from liabilities tied to construction setbacks that threaten artificial intelligence computing capacity. Financial sources link the action to permitting delays and potential electricity shortfalls. Following the announcement, Oracle shares dropped 3.3 percent, while OFSS shares fell 5 percent amid broader anxieties over power constraints and the financing of artificial intelligence infrastructure.

    Why it matters

    The data center buildout represents a massive speculative infrastructure expansion, and market observers view Oracle invoking force majeure as a notable crack in the current sector boom. Higher interest rates and construction setbacks are increasingly threatening the ability of data center operators to tap public markets. Meanwhile, related companies like Blue Owl Technology Finance Corp. are preparing quarterly financial disclosures as investor scrutiny intensifies.

    What is confirmed

    • Oracle issued a force majeure notice to a Blue Owl unit developing Project Jupiter in New Mexico.
    • The force majeure notice was invoked due to permitting and electricity delays affecting the multi-billion dollar site.
    • Oracle shares dropped 3.3 percent and OFSS shares tumbled 5 percent following the announcement.
    • Project Jupiter is an $18 billion Stargate data center campus.

    Still unconfirmed

    • The AI data center buildout is the largest speculative bubble in human history, with Project Jupiter representing the first visible crack in the facade.

    What to watch next

    • Blue Owl Technology Finance Corp. releasing its third quarter financial results on Wednesday.
    • Updates on whether DayOne moves forward with its initial public offering in November amid tougher market conditions.
    Sources used for this update (6)
    1. stocktwits.com — Ex-Anthropic Researcher Who Warned AI Could 'Kill Us All' Worked With PR Firm: Report
    2. www.naturalnews.com — Oracle’s Force Majeure Reveals the AI Bubble’s First Real Crack – NaturalNews.com
    3. finance.yahoo.com — Oracle (ORCL) Invokes Force Majeure On Project Jupiter While ...
    4. www.technotime.net — Oracle Invokes Force Majeure on $18B ”Project Jupiter” AI ...
    5. www.bnnbloomberg.ca — AI news: Data centre IPO hopefuls brave tougher markets
    6. www.marketscreener.com — Blue Owl Technology Finance Corp. Schedules Earnings Release and Quarterly Earnings Call to Discuss its Third Quarter Ended September 30, 2026 Financial Results
    confidence 95%

  8. Oracle Triggers Force Majeure on New Mexico Data Center

    Oracle issued a force majeure notice to a Blue Owl unit developing a large New Mexico data center, known as Project Jupiter, citing potential delays in securing electricity for the site. The notice protects Oracle from liabilities tied to construction setbacks that threaten artificial intelligence computing capacity. Shares of Oracle dropped 3.3 percent following the announcement, while shares of OFSS tumbled 5 percent amid broader worries over artificial intelligence infrastructure financing and power constraints.

    Why it matters

    The disruption highlights the severe electrical grid constraints facing massive artificial intelligence computing hubs across the United States. Blue Owl manages significant data center debt and real estate exposure tied to these large-scale projects, linking corporate technology expansions directly to utility limitations. Local opposition and energy shortages continue to complicate aggressive technology deployment timelines.

    What is confirmed

    • Oracle issued a force majeure notice to a Blue Owl unit developing a large New Mexico data center named Project Jupiter.
    • The force majeure notice was issued due to potential delays in securing power for the facility.
    • Oracle shares fell 3.3 percent following the announcement.

    Still unconfirmed

    • OFSS shares tumbled 5 percent due to market reactions stemming from the Oracle force majeure notice.

    What to watch next

    • Resolution of power supply negotiations between the developer and utility providers in New Mexico
    • Updates on the 2028 operational target for Project Jupiter
    • Further financial disclosures from Blue Owl regarding data center debt exposure
    Sources used for this update (9)
    1. baynews9.com — North Port commissioners to consider retroactive 18-month data center moratorium
    2. economictimes.indiatimes.com — OFSS shares tumble 5% after Oracle sends 'force majeure' notice for data centre project. Are AI worries c....
    3. www.bnnbloomberg.ca — Oracle triggers ‘force majeure’ on New Mexico data centre project
    4. finance.yahoo.com — Oracle triggers 'force majeure' on data center project over power delays, source says
    5. www.newspim.com — [미국 특징주] 오라클 3%대 하락…AI 데이터센터 전력 확보 지연에 '불가항력' 통....
    6. www.cnbctv18.com — Oracle triggers 'force majeure' on data center project over power delays: Report - CNBC TV18
    7. en.sedaily.com — U.S. 10-Year Yield Tops 5.2%, 30-Year Hits 5.5% in Era of High Rates - Seoul Economic Daily
    8. www.channelnewsasia.com — Oracle triggers 'force majeure' on data center project over ...
    9. highsso.com — Oracle Project Jupiter 불가항력 통지, 전력 지연과 AI 데이터센터 금융 리스크
    confidence 90%

  9. Oracle invokes force majeure on New Mexico data center project

    Oracle has issued a force majeure notice regarding a large-scale data center project in New Mexico to protect itself from liabilities linked to delays. The company is facing local opposition and power supply issues that have stalled construction. This development has caused Oracle shares to decline and created instability in AI financing involving partner Blue Owl. The company currently manages $18bn in data center debt that is under strain as a result of these setbacks.

    Why it matters

    The project is part of a massive AI infrastructure build-out. These facilities require immense power and local cooperation to operate. Failure to meet timelines threatens the broader financing models used for AI expansion.

    What is confirmed

    • Oracle cited force majeure regarding a data center project.
    • The project is located in New Mexico.
    • Oracle shares dropped following reports of the force majeure notice.

    Still unconfirmed

    • Oracle's $18bn data center debt is under strain due to local pushback.
    • The project delay is affecting AI financing involving Blue Owl.

    What to watch next

    • Legal responses from project partners regarding the force majeure claim
    • Updates on power availability for the New Mexico site
    • Official statements from Oracle regarding the $18bn debt status
    Sources used for this update (6)
    1. Financial Times — Oracle’s $18bn data centre debt under strain amid local pushback
    2. Bloomberg — Oracle Cites ‘Force Majeure’ to Shield Itself on Controversial Data Center
    3. CNBC — Oracle shares drop on report it sent 'force majeure' notice about data center project
    4. Reuters — Oracle cites ‘force majeure’ to shield itself on data center, Bloomberg News reports
    5. Reuters — Oracle, Blue Owl project delay sends ripples through AI financing, sources say
    6. WSJ — Cracks in Oracle’s AI Data-Center Build-Out Appear in Massive New Mexico Project
    confidence 80%
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