Last week, Google announced it is entering a strategic partnership with Intersect Power and TPG Rise Climate to build new clean power generation alongside newly constructed data centers. The partnership is designed to deliver gigawatts (GW) of new data center capacity across the US with Intersect Power catalyzing a targeted $20 billion in renewable power infrastructure investment by the end of the decade. Under the terms of the partnership, Intersect Power will build energy assets, with Google providing offtake via newly constructed data center campuses as an anchor tenant in co-located industrial parks. Once built, the Google data center would come online alongside its own power source. The first phase of the first co-located energy project is expected to be operational by 2026 and fully complete in 2027. Powering good!
Google’s Ruth Perot – A new approach to data center and clean energy growth: https://lnkd.in/dvA2AJpr
Intersect Power press release: https://lnkd.in/dEmE966C