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Oracle issues ‘force majeure’ notice to New Mexico data center developer on energy delays

SiliconANGLESeptember 24, 20265 min read

Oracle Corp. has sent a notice of force majeure to the developer of Project Jupiter, a data center campus that’s currently under construction in New Mexico, according to a report by Bloomberg. Force majeure is a kind of clause that’s often inserted into contracts in the energy and commodities industries that excuses one of the […] The post Oracle issues ‘force majeure’ notice to New Mexico data center developer on energy delays appeared first on SiliconANGLE.

Oracle Corp. has sent a notice of force majeure to the developer of Project Jupiter, a data center campus that’s currently under construction in New Mexico, according to a report by Bloomberg. Force majeure is a kind of clause that’s often inserted into contracts in the energy and commodities industries that excuses one of the parties from fulfilling its obligations due to events outside of its control. What this means is that Oracle isn’t trying to back away from the deal it…

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