Google already owns a minority stake in Intersect from a previous funding round. Once the deal closes, Intersect will be expected to help bring new data centers and power generation online faster, ...

Intersect specializes in energy management solutions for data centers. Building an AI data center requires more than just chips and servers -- efficient energy solutions are also needed. As the AI ...

Alphabet has announced a major acquisition aimed at strengthening its artificial intelligence infrastructure, agreeing to buy data centre and energy infrastructure company Intersect in a deal valued ...

Sustainability: News about the rapidly growing climate tech sector and other areas of innovation to protect our planet. SEE MORE by Todd Bishop on Dec 23, 2025 at 10:19 am December 23, 2025 at 11:19 ...

SAN FRANCISCO – Alphabet said on Dec 22 that it would buy clean energy developer Intersect for US$4.75 billion (S$6.1 billion) in cash, plus assumed debt, as tech giants spend billions to expand the ...

As part of the agreement, Intersect will explore emerging technologies to diversify energy supply, specifically supporting Google’s massive data centre investments across the US. To maintain ...

Alphabet has agreed to acquire Intersect, a provider of data center and energy infrastructure solutions, in a cash deal valued at US$4.75 billion plus the assumption of debt, the company said on ...

Included in the transaction are Intersect’s staff and the energy and data centre projects in development, or under construction, from an existing partnership with Google. Intersect will also explore a ...

This article first appeared on GuruFocus. Alphabet Inc. (NASDAQ:GOOG) has agreed to acquire clean energy developer Intersect Power LLC for $4.75 billion in cash plus existing debt, a deal that could ...

Intersect had previously raised $2.1 billion from Google and other early investors. After the acquisition is completed during the first half of next year, Alphabet intends to allow Intersect to ...

Alphabet agreed to acquire data center and energy infrastructure firm Intersect for $4.75B, aiming to accelerate data center expansion and power generation to support Google’s growing AI and cloud ...

Google parent Alphabet has agreed to buy Intersect Power, a data center and clean energy developer, for $4.75 billion in cash, plus the assumption of the company’s debt. The acquisition, which was ...