Tech giants invest $4.75 billion in clean energy, escalating the battle for computing power in data centers.

[Coin World] Tech giants are once again taking action in the energy battle. Recent reports indicate that a leading tech company has acquired the specialized clean energy operator Intersect Power for $4.75 billion (including cash and debt assumption). The core purpose of this transaction is clear—to secure a stable dedicated energy supply for the increasingly large data centers and AI computing systems.

From the perspective of the industrial chain, this reflects a trend: large computing power consumers are no longer satisfied with purchasing electricity from the public network, but are beginning to vertically integrate the energy production side. After all, in the operating costs of data centers, electricity bills are often the largest expense. Moreover, in the context of ESG and carbon neutrality, clean energy has become a strategic competitive advantage.

It is worth noting that the new data center is expected to be fully operational by 2027. This timeline indicates that the construction of related infrastructure will continue to advance over the next two years. For practitioners focused on industry development, this may also be a signal: the cycle of large-scale computing power expansion is still ongoing.