Google Snaps up Datacenter Power Biz Intersect

Google snaps up datacenter power biz Intersect

: The AI era needs more juice

Alphabet, Google's Parent, Bets $4.75B on Clean Power for AI Data Center Demand

Alphabet, the parent company of Google, has agreed to buy Intersect, a U.S. clean energy developer, in a deal valued at $4.75 billion in cash plus assumed debt. The transaction was announced in December 2025 and is expected to close in the first half of 2026. The acquisition helps Alphabet gain more strength for its growing data center operations. It also supports the growth of its artificial intelligence (AI) services. The deal includes Interse…

Google acquires clean energy developer Intersect Power for nearly $5 billion

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.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 approximately $4.75 billion in cash and the assumption of debt. The deal is expe…