Alphabet announced on Monday that it will acquire clean energy developer Intersect in a $4.75 billion deal, paying in cash and assuming debt. The acquisition is part of a broader strategy by tech giants to secure the massive amounts of reliable, sustainable power needed to support the rapid expansion of artificial intelligence infrastructure. As AI models grow in size and complexity, data centers require unprecedented levels of energy, driving companies like Alphabet to invest heavily in clean energy solutions. Intersect specializes in developing large-scale renewable energy projects, including wind and solar facilities, and has a strong track record in delivering power to major technology clients. The deal underscores Alphabet’s commitment to both advancing its AI capabilities and meeting its long-term sustainability goals. By integrating Intersect’s expertise and assets, Alphabet aims to strengthen its energy supply chain and reduce the environmental impact of its growing computing footprint. The acquisition is expected to close in the second half of the year, subject to regulatory approval.