Alphabet to Buy Data Center Partner Intersect for $4.75 Billion
December 22, 2025 at 4:02 PM UTCUpdated on December 22, 2025 at 4:49 PM UTCAlphabet 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 data center footprint for AI. The acquisition, announced Monday, is intended to give Alphabet’s Google access to more electricity for its data centers as aging US grids struggle to meet power demand that’s booming for the fir...
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