Oracle Signs Proposed Energy Service Agreement With El Paso Electric To Support Construction, Initial Commissioning, Emergency Backup Power For Project Jupiter; Oracle Anticipates Paying $10M For Power Annually For 10 Years
https://www.oracle.com/news/announcement/oracle-proposes-plan-to-offset-customers-utility-costs-2026-10-13/
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Why It Matters
Oracle is paying $10 million a year for ten years for power. This shows the company is serious about building its new data center called Project Jupiter.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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