TPG completes $4.75bn sale of Intersect to Google
Wednesday, March 11, 2026 · first reported by PE Hub
TPG completed a $4.75bn sale of Intersect to Google, with TPG and other investors spinning off the grid-tied power business into independent company IPX Power. Significant exit event for PE fund investors tracking infrastructure/cleantech returns.
- Firm
- TPG
- Also named
- Google, IPX Power, Climate Adaptive Infrastructure
- Deal value
- $4.8B
- Asset class
- Private equity
The summary and fields above are extracted from the published reports and can contain errors. The linked articles are the source of record.
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