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.
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