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SAN FRANCISCO – Alphabet said on Dec 22 that it would buy clean energy developer Intersect for US$4.75 billion (S$6.1 billion) in cash, plus assumed debt, as tech giants spend billions to expand the ...
Google's parent Alphabet on Monday announced that it would purchase clean energy developer Intersect for $4.75 billion in cash, plus existing debt, marking one of its largest deals to expand its data ...
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 ...
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Alphabet buys Intersect

Alphabet agreed to acquire data center and energy infrastructure firm Intersect for $4.75B, aiming to accelerate data center expansion and power generation to support Google’s growing AI and cloud ...
Intersect had previously raised $2.1 billion from Google and other early investors. After the acquisition is completed during the first half of next year, Alphabet intends to allow Intersect to ...