TPG Rise Climate

[Image: istockphoto; Logo: TPG]

TPG Rise Climate Completes $4.75B Sale of Intersect to Google, Launches IPX Power

by David Seeley | Mar 11, 2026

Intersect is a clean energy company based in San Francisco that develops large-scale solar and battery energy storage projects for AI data centers and renewable energy operations. With the deal, Fort Worth- and San Francisco-based TPG Rise Climate has become the majority backer for IPX Power, a spinoff of Intersect's grid-tied power business.

MORE►

At Google’s Midlothian data center on Nov. 14, Google executives joined Texas Governor Greg Abbott and other government leaders to announce the company’s $40 billion Texas investment. [Photo: Google]

Google Bets $40 Billion on Texas Buildout of U.S. AI Infrastructure

by Quincy Preston | Nov 16, 2025

Google CEO Sundar Pichai was in North Texas on Friday to announce the tech giant’s largest investment in a single state. The multiyear plan will add three Texas data center campuses, increase energy supply to the state’s grid, and train 1,700 electricians as the AI economy scales.

MORE►

Follow the Money: Jacobs Lands Nearly $4B NASA Contract; Dallas’ ReCode Therapeutics Adds $120M to Series B Raise, and More

by Kevin Cummings | Jul 11, 2022

Plus, Enhabit Home Health Hits the NYSE, Irving Web3 Investor Raising Two New Funds, TPG leads $750M raise in clean energy firm; Coppell-based Neurolens raises $2.7M; Fort Worth's Jet Health raises $1M; Frisco edtech startup Meritize lands funding; Honeywell acquires Fort Worth nitrile glove maker Rhino Health USA; and more North Texas-related deals.

MORE►

Follow the Money: Backflip Lands $35M Funding Package, TPG’s Impact Arm Is Raising New Fund, Mark Cuban Makes Two Investments, and More

by Kevin Cummings | May 6, 2022

What companies are finding funding or having a big exit? From startup investments to grants and acquisitions, Dallas Innovates tracks what’s happening in North Texas money.

MORE►

[Image: istockphoto; Logo: TPG]

TPG Rise Climate Raises $5.4 Billion To Help Build Climate Solutions Worldwide

by David Seeley | Jul 27, 2021

The Fort Worth- and San Francisco- based fund plans to raise a total of $7 billion by end of this year, with a goal of investing in entrepreneurs and businesses building climate solutions around the world.

MORE►