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Story summary
- Banks are selling $18 billion of Project Jupiter loans at 89–91 cents on the dollar, pressuring Oracle.
- Oracle’s corporate credit rating sits one notch above junk after S&P downgraded it in July.
- Local opposition in Doña Ana County fears the project will harm water supply and air quality.
- The state land office blocked a natural-gas pipeline needed for the campus’s planned 2.2-gigawatt gas turbines.