First Solar shares surged 5% on Alphabet’s Intersect Power partnership announcement. Solar peers also gained as utility-scale demand expectations improved for 2026. Market attention now shifts to ...
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, ...
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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 ...
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 ...
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Alphabet buys Intersect

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 ...
Alphabet revealed plans Monday to purchase Intersect, a clean energy and data center developer, for $4.75 billion in cash plus debt. The move targets a critical constraint facing AI companies today: ...
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 ...
As demand for artificial-intelligence compute continues to outpace the ability for data centers and power suppliers to catch up, Alphabet has made an aggressive move to expand its energy resources. On ...