Google completes acquisition of clean energy developer Intersect in a deal valued at $4.75 billion

格隆汇 March 12｜Alternative asset management company TPG announced on March 11 local time that its climate-focused investment platform, TPG Rise Climate, has sold its stake in wind and solar developer Intersect, which has officially been acquired by Google for $4.75 billions. Google also assumed Intersect's debt. The transaction was initially announced on December 22, 2025.