Google enhances its global energy partnerships and PPAs
Global tech giant Google has signed three new long-term power purchase agreements (PPAs) with Clearway Energy Group (Clearway) to power its data centers, totalling 1.17 GW of carbon-free energy projects located in Missouri, Texas, and West Virginia. Clearway will deliver carbon-free energy to local grids to support Google’s data centers in Data for up to […]
Alphabet to acquire Intersect to power its data centers
Alphabet, the parent company of Google, has agreed to acquire Intersect, a data center, energy infrastructure solutions provider for US$ 4.75 billion in cash, plus the assumption of debt, the company announced. Google already owns a minority stake in Intersect from a prior funding round. In a press release Alphabet revealed that the deal is […]
AI demand accelerates data center investment to US$ 61 billion: S&P report
Global investment in data centers reached a record US$ 61 billion in 2025, as per the findings of a recent S&P Global report. The surge reflects escalating demand for computing power driven by artificial intelligence, as cloud providers and infrastructure investors race to expand capacity. The figure includes mergers, acquisitions, and direct spending on new […]