Story perspectives

Oracle cancels New Mexico plant after force-majeure notice

By Drooid · Sep 26, 2026, 2:49 PM UTC · How we work

Summary

Story summary

Oracle sent a force-majeure notice to Blue Owl Capital over the New Mexico data-center project.
Oracle invoked force-majeure to avoid liability for not securing state and federal permits.
After developers missed land-use permits, Oracle cancelled the natural-gas plant and will use solid oxide fuel cells.
The fuel-cell solution is far smaller than the 2.45-GW requirement.
Oracle expects serious financial impact from the project setbacks.

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Story summary

Oracle sent a force-majeure notice to Blue Owl Capital over the New Mexico data-center project.
Oracle invoked force-majeure to avoid liability for not securing state and federal permits.
After developers missed land-use permits, Oracle cancelled the natural-gas plant and will use solid oxide fuel cells.
The fuel-cell solution is far smaller than the 2.45-GW requirement.
Oracle expects serious financial impact from the project setbacks.