Oracle on the hook to pay data centre investors even if site has no electricity
Posted by MarketsWire
Oracle may still have to make payments to data centre investors for Project Jupiter even though the New Mexico site has no electricity and the company issued a force majeure notice. For retail investors, this highlights the risk that contractual commitments can continue even when a major project is delayed or unable to operate, potentially affecting costs and financial results. How do you assess companies that remain liable for large project payments despite setbacks outside their control?