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Oracle (ORCL) is reportedly obligated to make rent payments regardless of whether it has secured the power to begin operations in the New Mexico data centers, WSJ reports citing sources

StockNow breaking-news AI analysis

Oracle reportedly owes rent on New Mexico data centers regardless of power readiness, removed a development partner, and invoked force majeure over pipeline delays.

News detail

In recent months, the Co. removed one of its key land and power partners from the development, the sources say.

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