Alphabet’s (GOOGL.O) Google, along with TPG Rise Climate and other investors, is backing clean energy developer Intersect Power as part more than $800 million funding round, the company has announced.
Google’s capital investment in Intersect Power comes as the tech giant, like other “hyperscalers” including Microsoft (MSFT.O) and Meta (META.O), races to bolster its domestic data center capacity to meet the AI-driven surge in cloud demand.
The company is also