FinancingClosedResearch-sourcedDecember 31, 2024

Bypass BESS

Aypa Power closed a $190 million package including a $68M construction-to-term loan, a $91M tax-equity bridge loan and $94M tax equity from Morgan Stanley Renewables; SMBC and Santander were coordinating lead arrangers.

Share on LinkedIn Source: Company press release →

$190M

Deal Value

200MW

Capacity

400MWh

Storage

BESS

Technology

Location

Project: Bypass BESSAsset profile →

MarketsTexas ERCOT

Deal Details

Deal Type: Construction loan and tax equity
Seller / Sponsor: Aypa Power
Buyer / Financier: SMBC
Deal Value: $190M
Stage: operating
ISO/RTO: ERCOT
Source: Company press release

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