Alphabet GOOGL0.44%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 ...
Google is set to acquire Intersect Power, a US-based data center and energy infrastructure developer, for $4.75 billion. The deal will see the hyperscaler's parent company Alphabet purchase ...
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 ...
(Bloomberg/Carmen Arroyo and Josh Saul) — Alphabet Inc. has agreed to buy clean energy developer Intersect Power LLC for $4.75 billion in cash, plus its existing debt, marking one of the largest deals ...
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 ...
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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 ...
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 ...
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 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.
Google's parent Alphabet on Monday announced that it would purchase clean energy developer Intersect for $4.75 billion in cash, plus existing debt, marking one of its largest deals to expand its data ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Alphabet agreed to acquire data centre energy group Intersect Power for close to $5bn, boosting the Google ...
The acquisition, announced Monday, is intended to give Alphabet’s Google access to more power for its data centres as aging United States grids struggle to meet power demand that’s booming for the ...