SAN FRANCISCO & FORT WORTH, Texas–(BUSINESS WIRE)–TPG, a leading global alternative asset management firm, today announced that TPG Rise Climate, the firm’s dedicated climate investing platform, has completed the sale of its stake in Intersect, which was acquired by Google for $4.75 billion, plus the assumption of debt, in a transaction announced on December 22, 2025. Google’s acquisition of Intersect follows from a strategic partnership launched with Intersect and TPG in December 2024. With