Oracle sends force majeure notice on its New Mexico Stargate data center
Oracle issued a force majeure notice regarding its New Mexico Stargate data center, potentially allowing payment delays if the 2028 completion target is missed.
The notice would allow Oracle to delay payments should the facility miss its 2028 target to come online.
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The early-season nor’easter expected to arrive over the weekend is currently situated about 200 miles east of the Delmarva Peninsula and continues to slowly move north on Saturday morning. Late Friday night, a weather station in Surf City, New Jersey, reported a wind gust of 74 mph. Other stations along the Jersey Shore have reported wind gusts of 60 mph or more. Tidal flood waters peaked at moderate flood stage late Friday and have begun to rise again ahead of high tide later Saturday morning…
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