Majority stake
Google to acquire renewable energy developer Intersect for $4.75 billion
Parties
Parties
Market signals
Market signals
Figures marked reported are drawn from a single or secondary source and are not independently confirmed. All figures are presented as reported, see Methodology.
Summary
Alphabet to acquire Intersect for $4.75 billion in cash plus assumption of debt; Intersect's existing operating assets in Texas and California will not be part of the acquisition and will continue as an independent company.