Oracle Still On The Hook To Pay Data Center Investors Despite Force Majeure Declaration

Update (11:00pm ET): Earlier today, after reporting on the startling news that - in the first major crack for the US data center story - Oracle had declared a force majeure on its massive 2.25GW. New Mexico "Project Jupiter" data center, advising its top project developer it would be relieved from its contractual obligations due to unforeseen permitting delays resulting in an inability to power up the project (see below), we joked tongue-in cheek, that all those residual value guarantees, which are a mainstay of the data center SPV and which are meant to be used mostly for credit enhancement, are about to be tested in reverse some 5 years earlier than expected.

Those residual value guarantees are about to kick in 5 years earlier than expected. https://t.co/Mwbqk4crUU

— zerohedge (@zerohedge) September 24, 2026