Oracle Invokes Force Majeure for New Mexico Data Center

Oracle has notified the developer of Project Jupiter that it is invoking a force-majeure provision that could allow it to delay certain payments if the New Mexico data center does not begin operating as planned in 2028. Oracle says the project remains on schedule, while a planned gas pipeline serving the campus has been delayed amid unresolved environmental permitting. The notice was sent to the project developer, a unit of Blue Owl Capital. Reports describe it as a step to protect Oracle from some payment obligations if delays prevent the facility from coming online on time. The available information does not specify which payments could be delayed or their value. Blue Owl said the notice does not change the financial commitments to the multiyear project. Oracle said it remains committed to New Mexico and that Project Jupiter is on its planned schedule. That assurance has not resolved questions about whether construction can meet the 2028 target. The notice’s potential contractual effect is also unclear without details of the underlying agreement.