Oracle faces $100M annual bill to back Wisconsin datacenter power promises
Oracle says it may need a letter of credit above $7 billion after regulators kept rules meant to shield existing customers.
3 Articles
3 Articles
Oracle faces a $7bn bill to power its Wisconsin AI hub
Oracle is building a huge AI data centre in Port Washington, Wisconsin, with Vantage and OpenAI. The nearly one-gigawatt Lighthouse Campus is a roughly $15 billion project. To get the electricity to run it, though, Oracle first has to satisfy the local regulator, and that is proving expensive. In a sworn affidavit, Oracle says the […] This story continues at The Next Web
Oracle faces $100M annual bill to back Wisconsin datacenter power promises
Oracle says that it could face more than $100 million a year in financing costs to guarantee the power commitments behind a nearly 1 GW datacenter campus it is developing in Wisconsin with Vantage and OpenAI. Local regulators have refused to revisit a decision that they say protects existing customers and improves public transparency around the energy-related needs of datacenters. Oracle's plans to build the Lighthouse Campus datacenter in Port …
The Register: Oracle faces $100M annual bill to back Wisconsin datacenter power promises
The Register: Oracle faces $100M annual bill to back Wisconsin datacenter power promises. “Oracle says that it could face more than $100 million a year in financing costs to guarantee the power commitments behind a nearly 1 GW datacenter campus it is developing in Wisconsin with Vantage and OpenAI.”
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