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Oracle Issues Force Majeure Notice To Blue Owl Over Project Jupiter Data Center Setbacks
Oracle Issues Force Majeure Notice To Blue Owl Over Project Jupiter Data Center Setbacks
September 24, 2026 Oracle
Oracle has issued a force majeure notice to Blue Owl Capital over delays and potential cost increases tied to Project Jupiter, a 2.5GW data center campus in New Mexico, according to Bloomberg. Oracle became the project’s tenant in January 2026. The 1,400-acre campus is planned to include four...
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New Mexico Rejects Gas Pipeline for Oracle's 2.5GW Project Jupiter Data Center
New Mexico Rejects Gas Pipeline for Oracle's 2.5GW Project Jupiter Data Center
July 20, 2026 Oracle
Oracle’s planned 2.5GW Project Jupiter data center in Doña Ana County, New Mexico, has faced another regulatory setback. The New Mexico State Land Office rejected Energy Transfer’s permit application for the Green Chile Project, a 17-mile natural gas pipeline extension intended to supply fuel for...
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Oracle Lands Financing for Michigan Data Center Project
Oracle Lands Financing for Michigan Data Center Project
April 27, 2026 Oracle
Oracle has secured financing for its planned $16 billion data center project in Michigan, bringing months of negotiations to a close. To fund the development, Bank of America sold $14 billion in bonds tied to the project, with Pimco acquiring $10 billion, according to Bloomberg. The remaining...
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Pimco to Provide $14bn for Oracle Michigan Data Center Project
Pimco to Provide $14bn for Oracle Michigan Data Center Project
April 08, 2026 Oracle
Pacific Investment Management Co. (Pimco) is reportedly in discussions with Bank of America Corp. to provide around $14 billion in debt financing to Related Digital for an Oracle data center in Michigan. According to Bloomberg, citing people familiar with the matter, the funding would position...
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iXAfrica to Host Oracle Cloud Region in Nairobi, Kenya
iXAfrica to Host Oracle Cloud Region in Nairobi, Kenya
February 03, 2026 Oracle
East African data center firm iXAfrica this week announced it has been selected as the host partner for the Oracle Cloud Infrastructure (OCI) region in Nairobi, Kenya.“We are delighted to be in execution mode to bring OCI to Kenya,” said Snehar Shah, CEO, iXAfrica. “With this collaboration,...
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Blue Owl Backs Out of Funding Oracle's $10bn Michigan Facility
Blue Owl Backs Out of Funding Oracle's $10bn Michigan Facility
January 03, 2026 Oracle
Blue Owl Capital is not planning to provide financial backing to Oracle's planned data center in Saline Township, Michigan. The data center project, valued at $10 billion, is being developed by Oracle, Related Digital, and OpenAI as part of the latter's Stargate project.The campus is expected to...
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