Databricks Inc. today announced that it has raised more than $7 billion in equity and debt financing to accelerate its growth ...

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 ...

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 ...

Google continues to expand its data center reach. In November in Midlothian, Google detailed a $40 billion investment in Texas that will include three data centers. Chitose Suzuki / Staff Photographer ...

Google already owns a minority stake in Intersect from a previous funding round. Once the deal closes, Intersect will be expected to help bring new data centers and power generation online faster, ...

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 ...

Alphabet (aka Google) (NASDAQ:GOOG) has announced the acquisition of Intersect, a firm that provides data and energy infrastructure. The company said the purchase price was $4.75 billion in cash plus ...

The deal is expected to close in the first half of 2026. Image: Intersect Power. Google parent company Alphabet has announced a definitive agreement to acquire data centre and energy infrastructure ...

SAN FRANCISCO – Alphabet said on Dec 22 that it would buy clean energy developer Intersect for US$4.75 billion (S$6.1 billion) in cash, plus assumed debt, as tech giants spend billions to expand the ...

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 ...

(RTTNews) - Alphabet announced that it has agreed to acquire Intersect, a provider of data center and energy infrastructure solutions, for $4.75 billion in cash plus the assumption of debt. Google ...

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 ...