Alphabet Inc. acquires Intersect Power for $4.75 billion
Type: Acquisition · Technology: Solar, Storage, Other · Country: United States · Value: $4.75B · Announced: 2024-12-11
Alphabet Inc. completed the acquisition of clean energy developer Intersect Power, securing a 10.8 GW development pipeline and control over utility-scale solar and battery assets to support its Google Cloud and data center energy needs.
Counterparties
- Alphabet Inc (Buyer)
- Intersect Power (Seller)
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