Oracle on the hook to pay data centre investors even if the site has no power

The Financial Times reports that Oracle is bound by terms requiring it to pay data centre investors regardless of whether a given site actually has an electricity supply.

In other words, the absence of power at a facility does not release the company from its financial commitments to those who invested in building or operating the data centre. Under this arrangement, the risk that the infrastructure is ready to run falls on Oracle rather than on its investors.

The specifics of the deal and its terms are available in the source material. The full text of the article could not be retrieved, so we limit ourselves to what follows directly from the headline: the payment obligation stands even when a site is left inoperative for lack of power.

Source: Hacker News