Alphabet to acquire data center and energy infrastructure company Intersect

Google parent [Alphabet](https://www.cnbc.com/quotes/GOOGL/) on Monday [announced](https://abc.xyz/investor/news/news-details/2025/Alphabet-Announces-Agreement-to-Acquire-Intersect-to-Advance-U-S--Energy-Innovation-2025-DVIuVDM9wW/default.aspx) it will acquire Intersect, a data center and energy infrastructure company, for $4.75 billion in cash in addition to the assumption of debt.

Alphabet said Intersect’s operations will remain independent, but that the acquisition will help bring more data center and generation capacity online faster.

“Intersect will help us expand capacity, operate more nimbly in building new power generation in lockstep with new data center load, and reimagine energy solutions to drive US innovation and leadership,” Sundar Pichai, CEO of Google and Alphabet, said in a statement.

[https://www.cnbc.com/2025/12/22/alphabet-to-acquire-intersect.html](https://www.cnbc.com/2025/12/22/alphabet-to-acquire-intersect.html)