Google's parent company has signed an agreement to acquire Intersect Power LLC, a data center and energy infrastructure solutions provider, for $4.75 billion in cash plus assumed debt. "Included in ...
Google already owns a minority stake in Intersect from a previous funding round. Once the deal closes, Intersect will be expected to help bring new data centers and power generation online faster, ...
Alphabet Inc. (NASDAQ:GOOGL) is one of the AI Stocks Investors Are Watching. BNP Paribas Exane maintained an Outperform rating on the stock with a $355.00 price target. The rating affirmation follows ...
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 ...
Sustainability: News about the rapidly growing climate tech sector and other areas of innovation to protect our planet. SEE MORE by Todd Bishop on Dec 23, 2025 at 10:19 am December 23, 2025 at 11:19 ...
Google's parent company, Alphabet, has announced its acquisition of clean energy developer Intersect Power for $4.75 billion in cash, plus the assumption of existing debt. The deal is one of the ...
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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 ...
Dec 22 (Reuters) - Alphabet said on Monday it would buy clean energy developer Intersect for $4.75 billion in cash, plus assumed debt, as tech giants spend billions to expand the computing and ...
Alphabet Inc. announced Monday that it will acquire Intersect, a data centre and energy infrastructure company, for US$4.75 billion in cash plus assumed debt, according to a company statement. The ...
In San Francisco-based Intersect, Alphabet is acquiring an established powered-land developer that specializes in providing sites for hyperscale data centers colocated with gas generation, renewables ...
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