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Stockreport

Alphabet set to buy data center, energy infrastructure developer Intersect for $4.75 billion in cash [Business Insider]

Alphabet Inc. - Class C Capital Stock (GOOG)  More Company Research Source: Business Insider
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
Have an account? Log in Alphabet announced an plan to buy Intersect for $4.75 billion to secure power for US data centers. The move comes as tech firms face rising grid constraints and AI infrastructure project delays. Rivals like Amazon have hit snags locking in large-scale power and data center sites. Alphabet has agreed to buy Intersect, an energy and data center infrastructure developer, for $4.75 billion in cash as it moves to secure power supply for its growing US data center footprint, the Google parent company announced Monday. Alphabet said the acquisition will enable data center and power generation projects to come online more quickly and accelerate innovation. The deal includes multiple gigawatts of energy and data center projects from Intersect that are in development or under construction as part of its existing partnership with Google, including a co-located data center and power site in Haskell County, Texas. "Intersect will help us expand capacity, operat [Read more]

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Stockreport

Alphabet set to buy data center, energy infrastructure developer Intersect for $4.75 billion in cash [Business Insider]

Alphabet Inc. - Class C Capital Stock  (GOOG) 
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
Have an account? Log in Alphabet announced an plan to buy Intersect for $4.75 billion to secure power for US data centers. The move comes as tech firms face rising grid constraints and AI infrastructure project delays. Rivals like Amazon have hit snags locking in large-scale power and data center sites. Alphabet has agreed to buy Intersect, an energy and data center infrastructure developer, for $4.75 billion in cash as it moves to secure power supply for its growing US data center footprint, the Google parent company announced Monday. Alphabet said the acquisition will enable data center and power generation projects to come online more quickly and accelerate innovation. The deal includes multiple gigawatts of energy and data center projects from Intersect that are in development or under construction as part of its existing partnership with Google, including a co-located data center and power site in Haskell County, Texas. "Intersect will help us expand capacity, operat [Read more]

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GOOG
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Stock performance from the time of news release until the following 4pm ET market close
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Multi-day stock performance from the time of the news release
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Low:
%
POST NEWS RANGE
%
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%

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%

VOLUME (SHARES)
TICKS

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EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
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