Intersect Power raised over $800 million in a funding round led by Google and TPG Rise Climate to develop clean energy and data center capacity amid an AI surge.
Amount Raised
$800 Million
Round Type
Funding Round
BeavertonEnergySustainabilityNatural ResourcesInvestors
Description
Google, alongside TPG Rise Climate and other investors, has invested over $800 million in Intersect Power. This funding aims to support the development of industrial parks housing data centers co-located with new clean energy plants to meet increasing power demands from technologies like AI.
Quick answer
Intersect Power raised $800 Million in a Funding Round round, dated December 11, 2024. Investors: Google and TPG Rise Climate. Intersect Power is based in Beaverton, Oregon, United States.
- How much did Intersect Power raise?
- Intersect Power raised $800 Million in a Funding Round round on December 11, 2024.
- Who invested in Intersect Power?
- Google and TPG Rise Climate are named as investors in this round.
- What does Intersect Power do?
- Intersect Power is a clean energy company bringing innovative and scalable low-carbon solutions to its customers in retail and wholesale energy markets.
- Where is Intersect Power based and how big is it?
- Intersect Power is based in Beaverton, Oregon, United States.
- Who are the decision-makers at Intersect Power?
- Fundz holds 2 contacts at Intersect Power, including the CEO, Founder. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Sustainability around the same time
Companies in the same sectors as Intersect Power that raised within 45 days of this round, from Fundz verified event records.
- FTC Solar raised $15M on December 4, 2024.
- Infinium raised an undisclosed amount (Series C) on January 16, 2025.
- Nouveau Monde Graphite raised $50M (Private Equity) on December 17, 2024.
- SolarSquare raised $40M (Funding Round) on December 12, 2024.
- Osisko Metals Incorporated raised $5.5M on December 11, 2024.
- Modern Hydrogen raised $25M on November 27, 2024.
Who to call at Intersect Power, and when
A new round usually means Intersect Power is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Intersect Power raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Intersect Power, from your own LinkedIn network
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Related People
Intersect Power raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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