Intersect Power plans to build data centers in Texas

Intersect Power, backed by TPG Inc., is negotiating with tech companies to build two large data centers in Texas. One site could support a three-gigawatt facility, while the other may host a one-gigawatt center. These developments reflect the growing demand for energy to support artificial intelligence. Intersect aims to utilize Texas's renewable energy sources, which can power the sites about 70% of the time. The company has partnered with Google and TPG Rise Climate to develop these facilities alongside new clean-energy sources. This move highlights the increasing need for data centers to generate their own power.