Alphabet acquires Intersect Power for $4.75B to secure clean energy for AI data centers
Alphabet has announced a $4.75 billion cash acquisition of Intersect Power, a major U.S. developer of clean energy and data center infrastructure. The deal includes assumption of Intersect’s existing debt and marks Alphabet’s largest clean energy investment to date. Intersect brings a pipeline of renewable energy projects and grid access, enabling Alphabet to overcome energy bottlenecks affecting large-scale AI operations. The move positions Google to support its expanding generative AI workloads with reliable, sustainable power.
This signals a growing trend of tech giants vertically integrating energy assets to meet rising AI compute demands.
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