Alphabet Buys Intersect For $4.75 Billion — Is That A Good Thing? - CleanTechnica

Alphabet, Google's parent company, has acquired Intersect, a data center and energy infrastructure solutions provider, for $4.75 billion in cash plus debt assumption. Intersect builds large-scale power projects to support data centers and growing electricity demands. While some reports have labeled Intersect primarily as a renewable energy developer, the company also constructs fossil gas power plants, which are not considered clean energy. Alphabet’s official announcement highlights that the acquisition aims to accelerate data center and energy generation capacity, as well as energy development and innovation, without explicitly committing to exclusively renewable projects. The article expresses skepticism about the environmental impact of the acquisition, noting that if Alphabet intends to build gas power plants, it would be disappointing from a clean energy perspective. Although Intersect will explore emerging technologies to diversify energy supply and support Google’s U.S. data center investments, the specifics remain unclear. The author suggests cautious optimism but points out that 2025 has seen setbacks in cleantech and CO2 reduction efforts, leaving uncertainty about