Oracle obligated to pay Project Jupiter investors despite force majeure

Financial Times · 3 hours ago
  • Oracle is on the hook for Project Jupiter payments to data centre investors despite a force majeure notice on the New Mexico project.
  • The obligation applies even if the site has no electricity, according to the FT report.
  • Project Jupiter is a New Mexico data centre project with Oracle as the responsible tech group.

Quotes

“The tech group is responsible for ‘Project Jupiter’ payments despite force majeure notice on New Mexico project”— Financial Times

Sources