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 ...

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 ...

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 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 ...

Alphabet GOOGL0.44%increase; green up pointing triangle agreed to buy Intersect for $4.75 billion, a deal the Google parent said would help address the near insatiable demand for energy to power the ...

Alphabet on Monday announced it will acquire clean energy startup Intersect Power in a deal valued at $4.75 billion, as the Google parent expands its data center output to meet growing demand for AI.

Google is set to acquire Intersect Power, a US-based data center and energy infrastructure developer, for $4.75 billion. The deal will see the hyperscaler's parent company Alphabet purchase ...

The deal for Intersect, a data center and energy developer, is set to help Google build out its infrastructure for artificial intelligence. By Eli Tan Reporting from Seattle Google has agreed to buy ...

Previously, Google owned a minority stake in Intersect and the deal provides the company with direct data center development Intersect’s operations will remain separate from Alphabet and Google under ...