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 ...

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 ...

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 ...

As demand for artificial-intelligence compute continues to outpace the ability for data centers and power suppliers to catch up, Alphabet has made an aggressive move to expand its energy resources. On ...

This article first appeared on GuruFocus. Alphabet Inc. (NASDAQ:GOOG) has agreed to acquire clean energy developer Intersect Power LLC for $4.75 billion in cash plus existing debt, a deal that could ...

Intersect had previously raised $2.1 billion from Google and other early investors. After the acquisition is completed during the first half of next year, Alphabet intends to allow Intersect to ...

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 ...

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 ...

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.