Financial Times ·

~$18B of debt tied to an Oracle New Mexico data center slid into stressed territory, as investors grow wary of construction delays amid local pushback

Investors grow wary of permitting and construction delays as opposition mounts in New Mexico

In this story Oracle

~$18B of debt tied to an Oracle New Mexico data center slid into stressed territory, as investors grow wary of construction delays amid local pushback

Lead Source

Financial Times — ~$18B of debt tied to an Oracle New Mexico data center slid into stressed territory, as investors grow wary of construction delays amid local pushback ↗

How this story grew

Coverage · 0 Discussion · 0

Sep 18Sep 20

More

Reuters: Reuters

Tech in Asia: Tech in Asia

Finimize: Finimize

Discussion

@iansociologo @wittywebhandle @rincewind.run

@byklong @edzitron @rdd147

Related stories

Financial Times: Meta and BlackRock's $14B El Paso data center project is not insured against total loss, exposing lenders to credit risks and big potential liabilities

Financial Times: The US AI data center buildout is posing complex challenges to major lenders as they stretch themselves to finance, insure, and underwrite a novel asset class

Financial Times: The data center backlash is challenging Texas' pro-business approach; Wood Mackenzie: Texas has more data center capacity under construction than any US state

Bloomberg: IPO filing: SB Energy says it has 8.8GW of data center capacity contracted or under construction across Texas and Ohio and a $430B data center segment backlog

SemiAnalysis: Analysis: only ~2.3 GW of planned data center capacity is delayed by direct project-level policies like local moratoriums and New York's data center EO

Discuss with AI

ChatGPT ↗ Claude ↗

← Back to TechSnif