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Oracle Issues Force Majeure Notice for New Mexico Stargate Data Center
Oracle has issued a force majeure notice to the developer of Project Jupiter, the Stargate data center campus located in New Mexico, Bloomberg first reported on Thursday. The notice is not an intent to withdraw as the anchor tenant, but rather allows payments to be deferred if the campus misses its 2028 launch target. The campus is designed to carry 2.45 gigawatts and relies on Bloom Energy's gas fuel cells; the Energy Transfer pipeline supplying it has been delayed by nearly six months to February 1, 2027, due to repeated permit denials, and the air quality permit for the fuel cell system is still under review, with the state environmental department required to decide by November 23. Oracle said the project remains on schedule, and Blue Owl Capital said the notice does not change its financial commitment to the multi-year project.