Alphabet acquires clean energy developer Intersect for $4.75B
Utility Dive
AI Article Summary
Alphabet has acquired Intersect, a clean energy developer, for $4.75 billion. This acquisition marks a strategic shift in Alphabet's approach to its decarbonization efforts. The deal follows a previous collaboration between Google, a subsidiary of Alphabet, and Intersect.
What This Means for Canadian Contractors
This project shows how tech giants are actively investing in sustainable energy solutions. For Canadian builders, this means there may be potential for more funding and collaborations in developing green construction projects. Additionally, this focus on sustainability could lead to changes in supply chains and construction practices.
