[Google Parent Company Alphabet Acquires Clean Energy Firm Intersect for $4.75 Billion] According to Bloomberg, Google parent company Alphabet announced the acquisition of clean energy developer Intersect Power for $4.75 billion in cash and debt, aiming to expand its AI data center power resources. This marks the first time a major tech company has directly acquired a renewable energy developer, signaling Google's accelerated efforts to establish self-sufficient clean energy capabilities. Intersect will maintain independent operations in terms of branding and team and will continue to be led by CEO Sheldon Kimber.