Google parent Alphabet said it will acquire Intersect, a data center company, for $4.75 billion in cash and the assumption of debt. Alphabet said the acquisition will help bring more data center and ...

SAN FRANCISCO--(BUSINESS WIRE)--Intersect Power, LLC (“Intersect”) has been awarded the Energy Risk Awards’ Deal of the Year. The award recognizes Intersect’s 2024 Texas battery energy storage systems ...

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 ...

Alphabet (GOOG) (GOOGL) is buying data center and energy infrastructure solutions company Intersect for $4.75B, the Google parent said Monday, as the tech giant bolsters its computing power ...

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 ...

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‘Intersect will help us expand capacity, operate more nimbly in building new power generation in lockstep with new data center load, and reimagine energy solutions to drive US innovation and ...

The timing of the Intersect deal is inseparable from the surge in AI workloads that has transformed data centers into some of the fastest-growing sources of electricity demand in the U.S. Alphabet’s ...