The AI power scramble intensifies with Alphabet’s purchase of data-center partner Intersect

lastmansurfing
Dec 28, 2025
1 min read

As demand for artificial-intelligence compute continues to outpace the ability for data centers and power suppliers to catch up, Alphabet has made an aggressive move to expand its energy resources.

On Monday, Alphabet announced the acquisition of the renewable-energy developer Intersect Power for $4.75 billion in cash plus the assumption of its debt.

“The acquisition will enable more data center and generation capacity to come online, faster, while accelerating energy development and innovation,” Alphabet said in a press release.