Alphabet GOOGL0.02%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 ...

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 ...

Alphabet, which depends on Google’s search engine and other online services for most of its revenue, is buying out Intersect in its entirety after purchasing a stake in the San Francisco-based startup ...

Alphabet Inc. has agreed to buy clean energy developer Intersect Power LLC for $4.75 billion in cash, plus existing debt, marking one of the largest deals by the tech giant to dramatically expand its ...

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 ...

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 ...

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 ...

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 will buy Intersect Power for $4.75 billion after investing $800 million in 2024 Intersect will continue to operate separately, with its existing "world-class" team Some California and Texas ...

Alphabet announced an plan to buy Intersect for $4.75 billion to secure power for US data centers. The move comes as tech firms face rising grid constraints and AI infrastructure project delays.

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 ...