Alphabet, Google’s parent company, announced last month it will acquire clean energy and data center infrastructure developer Intersect in a $4.75 billion deal expected to close in the first half of ...
Google's parent company has signed an agreement to acquire Intersect Power LLC, a data center and energy infrastructure solutions provider, for $4.75 billion in cash plus assumed debt. "Included in ...
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 (aka Google) (NASDAQ:GOOG) has announced the acquisition of Intersect, a firm that provides data and energy infrastructure. The company said the purchase price was $4.75 billion in cash plus ...
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 ...
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 ...
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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 ...
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 ...
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 ...
Seeking Alpha's roundup of announcements, statements, and remarks that could impact the technology sector. Nvidia (NVDA) said it plans to start shipping its H200 AI chips in mid-February. The ...