Previously, Google owned a minority stake in Intersect and the deal provides the company with direct data center development Intersect’s operations will remain separate from Alphabet and Google under ...

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 Inc. today inked a deal to acquire Intersect Power LLC for $4.75 billion in cash. The Google LLC parent also plans to assume the renewable energy company’s outstanding debt. It expects to ...

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 ...

Alphabet is betting that owning clean power is the surest way to keep its AI-hungry data centers running, locking in a $4.75 billion acquisition of Intersect that fuses energy infrastructure with ...

‘Intersect will help us expand capacity, operate more nimbly in building new power generation in lockstep with new data center load, and reimagine energy solutions to drive US innovation and ...

Alphabet GOOGL-0.07%decrease; red down pointing triangle agreed to buy Intersect for $4.75 billion, a deal the Google parent said would help address the near insatiable demand for energy to power the ...

SAN FRANCISCO, March 25, 2025--(BUSINESS WIRE)--Intersect Power, LLC ("Intersect") has been recognized by TIME Magazine as a "Top GreenTech Company" on both their 2025 America’s and World’s lists.