How much funding has Intersect Power raised?

Intersect Power has raised $927.0M in total funding, most recently a Venture Round.

Who are Intersect Power's investors?

Intersect Power's investors include Alphabet, Google, Climate Adaptive Infrastructure, TPG (Growth/Rise), Trilantic North America.

When was Intersect Power founded?

Intersect Power was founded in 2016.

Where is Intersect Power headquartered?

Intersect Power is headquartered in San Francisco, California, United States.

What industry is Intersect Power in?

Intersect Power operates in Energy Infrastructure, Infrastructure, Renewable Energy.

How many employees does Intersect Power have?

Intersect Power has 201-500 employees.

Intersect Power

Acquired

Built for next.

San Francisco, United States · Founded 2016 · $927.0M raised

Energy Infrastructure

Infrastructure

Renewable Energy

Headquarters: San Francisco, California
Employees: 201–500
Founded: 2016
Business Model: B2B

Website: intersect.com
Total Funding: $927.0M
Last Round: $800.0M Venture RoundDec 2024
Rounds: 2

About

Intersect Power (acquired by Alphabet/Google in March 2026 for $4.75B) was a clean energy and data center infrastructure developer founded in 2016 by Sheldon Kimber. The company built only the largest co-located clean energy projects — pairing fast-ramping firming sources and renewable power with industrial demand — targeting the scale that AI data centers require. Its portfolio included 2.2 GW of operating solar and 2.4 GWh of battery storage, with 10.8 GW expected operating or in construction by late 2028. Intersect was one of the world's largest buyers of Tesla Megapacks and had a multi-billion dollar commitment to First Solar's American-made modules. Strategic partners included Google (strategic partnership formed 2024, acquisition closed March 2026) and TPG Rise Climate.

Summary

Intersect Power is an Energy Infrastructure company based in San Francisco, United States, founded in 2016. It has raised $927.0M in total across 2 rounds, most recently a $800.0M Venture Round round in Dec 2024. Investors include Alphabet, Google and Climate Adaptive Infrastructure.

LinkedIn X (Twitter)