Alphabet Invests Billions In Data Center And Cloud Capacity In The USA: Google Parent Alphabet Acquires Intersect For Usd 4.75 Billion
Mountain View/San Francisco (USA) – Alphabet, the parent company of Google and a leading U.S. technology firm, has announced the acquisition of Intersect, a provider of energy and data center infrastructure.
“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,” said Sundar Pichai, CEO of Google and Alphabet. Intersect brings an experienced team and several gigawatts of projects under construction or in development to the transaction.
Intersect’s operations will continue separately from Alphabet and Google and will remain led by founder and CEO Sheldon Kimber. “Intersect has always been focused on bringing innovation to the industry and we look forward to accelerating at scale as part of Google,” said Kimber.
Intersect will work closely with Google’s technical infrastructure team and continue work on both existing and new joint projects. This includes the first announced joint data center and power site, currently under construction in Haskell County, Texas. However, the transaction does not include existing operational capacities in Texas and California, which will continue to operate independently with support from current investors.
Alphabet emphasizes that the acquisition underlines its commitment to reliable and affordable energy supply. New partnerships are intended to advance cutting-edge technologies such as geothermal energy, long-duration storage, and gas with carbon capture. At the same time, Alphabet is deploying artificial intelligence to accelerate the grid connection of new power plants, optimize energy solutions, improve data center efficiency, and support the expansion of renewable energy in the U.S.
The transaction is expected to close in the first half of 2026. Analysts view it as a strategic step to simultaneously strengthen U.S. energy infrastructure and cloud storage capacity.
Source: IWR Online, 29 Dec 2025
