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 ...

Google parent Alphabet said it will acquire Intersect, a data center company, for $4.75 billion in cash and the assumption of debt. Alphabet said the acquisition will help bring more data center and ...

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 ...

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 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 on Monday announced it will acquire clean energy startup Intersect Power in a deal valued at $4.75 billion, as the Google parent expands its data center output to meet growing demand for AI.

The deal is expected to close in the first half of 2026. Image: Intersect Power. Google parent company Alphabet has announced a definitive agreement to acquire data centre and energy infrastructure ...

Alphabet GOOGL3.61%increase; green up 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 ...

Alphabet Inc. (Google) has entered a definitive agreement to acquire Intersect Power, a California-based developer of utility-scale solar and battery energy storage systems. The transaction totals ...