Oracle proposes 10-year power deal with El Paso Electric for Project Jupiter site
Bitget2026/10/13 14:07- Oracle proposed an Energy Service Agreement with El Paso Electric for Project Jupiter to support construction-phase power needs at its New Mexico data center.
- Deal calls for USD 10 million a year for 10 years, even if usage falls below contracted levels.
- Separate proposal would provide up to USD 55 million a year in bill credits for up to three years to EPE’s New Mexico residential, small-business customers.
- Customer credits could start in 2027, implying total offsets of at least USD 155 million across the agreements.
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