Alphabet, the parent company of Google, announced it would acquire Intersect, a renewable energy developer. Google already ...
Google is set to acquire Intersect Power, a US-based data center and energy infrastructure developer, for $4.75 billion. The ...
Google parent Alphabet has agreed to buy Intersect Power, a data center and clean energy developer, for $4.75 billion in cash ...
Alphabet framed the deal as part of a broader push to expand reliable energy supply for data centers without pushing grid ...
Intersect focuses on finding ways to increase and diversify the supply of energy in an effort to keep power costs down.
Then on Dec. 22, Alphabet announced a definitive agreement to acquire Intersect, a provider of data center and energy ...
The news comes a month after the search giant unveiled plans to invest $40 billion in Texas, including three new data centers ...
Google is set to acquire the solar and storage developer, arming itself with the tools to bypass grid bottlenecks and build the projects that will power its AI datacenters.
The deal to buy Intersect for $4.75bn in cash, plus debt, broadens Alphabet’s access to power at a time when the technology giant is competing with rivals including OpenAI, Elon Musk’s xAI and Meta to ...
The AI-fueled datacenter boom continues apace, with Google parent Alphabet moving to acquire energy and infrastructure biz ...
Alphabet said on Monday it would buy clean energy developer Intersect for $4.75 billion in cash, plus assumed debt, as tech ...
Alphabet Inc. has agreed to buy clean energy developer Intersect Power LLC for $4.75 billion in cash, plus existing debt, ...