Bloomberg · Oracle · Blue Origin · Datacenter Dynamics
Oracle issues force majeure notice to Blue Owl following series of setbacks at Project Jupiter data center campus, report
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Oracle has sent a ‘force majeure’ notice to Blue Owl Capital in an effort to shield itself from potential increased costs associated with a data center project in New Mexico, per a report from Bloomberg.
Key facts
- We are excited about the more than $4.7 billion in economic benefit Project Jupiter is expected to bring to New Mexico,” the statement concluded
- Should the 2.5GW data center campus, dubbed Project Jupiter, fail to come online in 2028 as planned, the cloud giant is seeking to delay the payments it would have to make, rather than forfeit
- Stack Infrastructure was acquired by alternative asset manager Blue Owl in 2024
- Oracle was announced as the tenant of Project Jupiter in January 2026
Summary
Should the 2.5GW data center campus, dubbed Project Jupiter, fail to come online in 2028 as planned, the cloud giant is seeking to delay the payments it would have to make, rather than forfeit its tenancy, the report added. A force majeure is a contractual provision that frees parties from liability or obligation when circumstances arise that are beyond their control. Oracle was announced as the tenant of Project Jupiter in January 2026. Stack Infrastructure was acquired by alternative asset manager Blue Owl in 2024.