Intersect Power

Mar 25, 2025

Intersect is building the first AI data centers with a “power-first” approach that co-locates data centers with power generation. Intersect's solution can combine a hybrid of wind, solar, battery storage, and flexible gas generation to provide the speed, scale, reliability, and cost that data center customers require. "Hybrid solutions utilizing co-located clean energy and flexible natural gas are the fuel for the energy-intensive industries of tomorrow like AI,” says Sheldon Kimber, Intersect Power's CEO and Founder. "As electricity demand grows at unprecedented rates, the clear solution is bringing new large industrial customers to where power can be easily generated. Intersect provides hyperscalers and other large customers with unmatched speed to power that is clean, cost effective, and reliable.” Intersect recently announced a strategic partnership with Google and TPG Rise Climate designed to deliver gigawatts of new data center capacity across the U.S. with Intersect catalyzing a targeted $20 billion in renewable power infrastructure investment by the end of the decade. Intersect has already begun financing the partnership's first co-located clean energy project, which is expected to be operational in 2026 and fully complete by 2027. These prestigious awards are presented by TIME and Statista Inc., the leading statistics portal and industry ranking provider. Companies considered in the evaluation were ranked on three evaluation criteria: positive environmental impact, financial strength, and innovation drive. Intersect is on an aggressive growth trajectory and is looking for talented professionals. For information on Intersect's current open roles, visit https://jobs.lever.co/intersectpower About Intersect Power Intersect Power is a clean energy company bringing innovative, scalable, and American-made, low-carbon solutions to its customers in global energy markets. We develop, own, and operate some of the world's largest grid-tied clean energy resources, as well as co-located facilities for large industrial loads including data centers, e-fuels, and other energy-intensive products. Intersect is laser-focused on the largest, most transformative clean energy projects that decarbonize the existing power grid and bring new loads to clean generation without the need for new transmission. Intersect is redefining the scope of the clean energy industry by enabling new pathways between clean electricity and the broader economy. We have a base portfolio of 2.2 GW of operating solar PV and 2.4 GWh of battery storage in operation or construction, representing ~$4B in capital investments. We plan to break ground on an additional 4 GW of solar PV and 10 GWh of battery storage representing ~$9B of assets in 2025. To learn more, visit www.intersectpower.com View source version on businesswire.com: https://www.businesswire.com/news/home/20250325316542/en/ Contacts Media Contact: Carmen Lowe Intersect Power Press@intersectpower.com