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Alphabet to purchase Intersect for $4.75 billion in cash plus debt to expand data center capacity
Alphabet, the company that owns Google, said Monday it will buy Intersect for $4.75 billion in cash and take on the company’s debt. Intersect builds and runs data centers and energy infrastructure.
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 ...
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Alphabet stock climbs after $4.75B Intersect buy signals power push for data centers
The deal expands an existing partnership, with joint power and data center projects already under development. ・Intersect will operate independently under CEO Sheldon Kimber while working closely with ...
Alphabet, the parent company of Google, announced it would acquire Intersect, a renewable energy developer. Google already ...
Google's parent company signed an agreement to acquire Intersect, a data center and energy infrastructure solutions provider, ...
Alphabet has announced an agreement to acquire Intersect, which provides data center and energy infrastructure solutions, for $4.75 billion in cash, plus the assumption of debt.
Intersect Power, Google and TPG Rise Climate are partnering to scale renewable power and storage solutions for new Google data centers. The partners plan to develop industrial parks with gigawatts of ...
MILL VALLEY, Calif.--(BUSINESS WIRE)--Climate Adaptive Infrastructure (“CAI”), a leading investment firm focused on energy decarbonization and sustainable water infrastructure, today announced its ...
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 ...
(RTTNews) - Alphabet announced that it has agreed to acquire Intersect, a provider of data center and energy infrastructure solutions, for $4.75 billion in cash plus the assumption of debt. Google ...
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