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Google, Intersect Power, TPG Launch $20 Billion Data Center Clean Energy Partnership
Dec 10, 2024•over 1 year ago
Contract Type
partnership
BeavertonEnergySustainabilityNatural Resources
Description
Google, Intersect Power, and TPG have formed a new partnership to invest $20 billion in renewable power infrastructure by 2030, enabling the buildout of new data center capacity in the U.S. powered by clean energy. Intersect Power also announced raising $800 million in a new funding round led by TPG's climate-focused fund and Google.
Company Information
Company
Intersect Power
Location
Beaverton, Oregon, United States
About
Intersect Power is a clean energy company bringing innovative and scalable low-carbon solutions to its customers in retail and wholesale energy markets. The company develops some of the world's largest clean energy resources providing low-carbon electricity, fuels, and related products to customers across North America. Intersect Power has an 8.5+ GWp and 8+ GWh mid to late-stage pipeline that includes a base portfolio of 2.2 GWp of solar PV and 1.4 GWh of co-located storage that will be in operation by 2023. The Intersect team is also planning 600+ MW of green hydrogen production. To learn more about Intersect Power and view our job openings, please visit www.intersectpower.com/who-we-are/.
SOURCE Intersect Power
BeavertonEnergySustainabilityNatural Resources