New York, 25 September 2026 – A delay linked to a large New Mexico data-centre campus is forcing lenders and investors to examine who bears the cost when artificial-intelligence infrastructure projects fall behind schedule. Oracle has issued a force-majeure notice in connection with the Jupiter campus being developed by a Blue Owl-backed business to support OpenAI. Blue Owl says the notice does not change the parties’ commitment to the project.
The reported trigger was a delay in securing power for the site. People familiar with the matter said the programme could be pushed back by about a year, though the precise contractual consequences have not been publicly established. Force majeure clauses may address events outside a party’s control, but they do not by themselves tell investors how delayed cash flows, construction costs or refinancing obligations will eventually be divided.
Unlock the Full Article
This article is exclusive to The Ledger Asia Subsribers / PAID members.
Already have an account? Log in here
