Google parent Alphabet has agreed to buy Intersect Power, a data center and clean energy developer, for $4.75 billion in cash, plus the assumption of the company’s debt. The acquisition, which was ...
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 ...
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 ...
Investing.com -- Google’s parent Alphabet announced Monday it has reached a definitive agreement to acquire Intersect, a provider of data center and energy infrastructure solutions, for $4.75 billion ...
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 ...
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 ...
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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 ...
(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 ...
Alphabet set to buy data center, energy infrastructure developer Intersect for $4.75 billion in cash
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.
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 ...
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 ...
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