Google‘s corporate parent on Monday announced an agreement to buy data center energy specialist Intersect for $4.75 billion as part of its effort to secure the vast amounts of electricity needed to ...
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 ...
(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 ...
Intersect’s solar and wind power assets in Texas, and development assets in California will continue to be owned by prior investors which include TPG's Rise Climate Fund, Climate Adaptive ...
Google parent AlphabetGOOGL on Monday said it plans to acquire Intersect Power, a data center and clean energy infrastructure company, for $4.75 billion in cash, plus the assumption of debt. Google ...
Alphabet is betting that owning clean power is the surest way to keep its AI-hungry data centers running, locking in a $4.75 billion acquisition of Intersect that fuses energy infrastructure with ...
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 ...
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 ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Google agreed to acquire ...
With energy becoming a critical AI bottleneck, Google's $4.75 billion acquisition of Intersect is a move to secure power for its data centers Google and Intersect are currently building a co-located ...
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