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Tech & Innovation·September 18, 2026·1 min read

Sources: ~$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

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Data centers are now community and permitting projects as much as engineering projects—$18B of stressed debt tied to delays and local opposition in New Mexico shows capital will start pricing siting risk, not just tenant quality. If you're planning large AI or cloud builds, treat local politics, water, and power as first-class underwriting variables, not afterthoughts.