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 ...
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 ...
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 ...
Alphabet Inc. (NASDAQ:GOOGL) is one of the AI Stocks Investors Are Watching. BNP Paribas Exane maintained an Outperform rating on the stock with a $355.00 price target. The rating affirmation follows ...
Included in the transaction are Intersect’s staff and the energy and data centre projects in development, or under construction, from an existing partnership with Google. Intersect will also explore a ...
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 ...
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 ...
(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 ...
Google will buy Intersect Power for $4.75 billion after investing $800 million in 2024 Intersect will continue to operate separately, with its existing "world-class" team Some California and Texas ...
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.
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Alphabet agreed to acquire data centre energy group Intersect Power for close to $5bn, boosting the Google ...
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 ...