Aypa Power

A Blackstone Portfolio Company

General Information
Company Name
Aypa Power
Founded Year
2017
Location (Offices)
Austin, United States +2
Founders / Decision Makers
Number of Employees
160
Industries
Energy, Energy Efficiency
Funding Stage
Debt Financing
Social Media

Aypa Power - Company Profile

Aypa Power, a Blackstone Portfolio Company, is focused on revolutionizing the way communities are powered. As a developer, owner, and operator of utility-scale energy storage and hybrid renewable energy projects, the company plays a key role in the decarbonization of the grid. Founded in 2016, Aypa Power is committed to reducing reliance on fossil fuels and has made significant strides in this direction. With over 11 GW of utility-scale energy storage and hybrid renewable energy projects in development and 32 projects in operation or construction across North America, the company has been at the forefront of energy storage development since its first project came online in 2018. The recent $550.00M debt financing investment received by Aypa Power on 08 November 2023 from MUFG Bank, National Bank of Canada, Nomura, U.S. Bancorp, and First Citizens Bank underscores the confidence and support it has garnered from major financial institutions. Aypa Power's commitment to improving grid reliability and making a positive impact in the fight against climate change positions it as a strong player in the energy and energy efficiency industries in the United States.

Taxonomy: Energy Storage, Decarbonization, Grid Reliability, Turn-Key Energy Solutions, Utility-Scale Projects, Independent Power Producer, Microgrids, Operational Platform, Climate Change, North America, Commercial Customers, Industrial Customers, Institutional Customers, Blackstone Portfolio Company

Funding Rounds & Investors of Aypa Power (4)

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Funding Stage Amount No. Investors Investors Date
Debt Financing $650.00M 6 Apterra Infrastructure Capital, ING Capital LLC +2 23 Jul 2024
Debt Financing $550.00M 4 U.S. Bancorp, First Citizens Bank 08 Nov 2023
Debt Financing $320.00M - 19 Jul 2022
Private Equity Round Unknown - 18 Jan 2019

Latest News of Aypa Power

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No recent news or press coverage available for Aypa Power.

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