Alphabet, Google’s parent company, announced last month it will acquire clean energy and data center infrastructure developer Intersect in a $4.75 billion deal expected to close in the first half of ...

As part of the agreement, Intersect will explore emerging technologies to diversify energy supply, specifically supporting Google’s massive data centre investments across the US. To maintain ...

Included in the transaction are Intersect’s staff and the energy and data centre projects in development, or under construction, from an existing partnership with Google. Intersect will also explore a ...

Google will buy Intersect Power for $4.75 billion after investing $800 million in 2024 Intersect will continue to operate separately, with its existing "world-class" team Some California and Texas ...

Intersect will remain an independent brand under founder Sheldon Kimber but will integrate closely with Google's infrastructure division. The company specializes in data parks that combine renewable ...

Seeking Alpha's roundup of announcements, statements, and remarks that could impact the technology sector. Nvidia (NVDA) said it plans to start shipping its H200 AI chips in mid-February. The ...

Alphabet Inc. has agreed to buy clean energy developer Intersect Power LLC for $4.75 billion in cash, plus existing debt, marking one of the largest deals by the tech giant to dramatically expand its ...

Alphabet announced an plan to buy Intersect for $4.75 billion to secure power for US data centers. The move comes as tech firms face rising grid constraints and AI infrastructure project delays.

Dec 22 (Reuters) - Alphabet (GOOGL.O), opens new tab 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 ...

Intersect is based in San Francisco. "Alphabet to Buy Intersect for $4.75B as AI-Investment Plans Grow -- Update," at 12:06 p.m. ET, incorrectly said it was based in ...

(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 ...