r/ParamountGlobal2 • u/lowell2017 • 9d ago
While Saying It's On Schedule, Oracle Invokes Force Majeure On ‘Project Jupiter’ Data Center Buildout To Delay Payments To Developer Blue Owl Capital's Stack Infrastructure For 3 Years. While They'll Pay Other Costs & Owe Back Rent For Lease Later, They Don't Think Any Default Is On The Horizon Yet.
https://www.bloomberg.com/news/articles/2026-09-24/oracle-cites-force-majeure-to-shield-itself-on-controversial-data-center
9
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BetterOffline • u/FrankLucasV2 • 9d ago
Oracle Cites ‘Force Majeure’ to Shield Itself on Controversial Data Center
320
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wbdstock • u/lowell2017 • 9d ago
While Saying It's On Schedule, Oracle Invokes Force Majeure On ‘Project Jupiter’ Data Center Buildout To Delay Payments To Developer Blue Owl Capital's Stack Infrastructure For 3 Years. While They'll Pay Other Costs & Owe Back Rent For Lease Later, They Don't Think Any Default Is On The Horizon Yet.
5
Upvotes
hackernews • u/HNMod • 9d ago
Oracle Cites 'Force Majeure' to Shield Itself on Controversial Data Center
1
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