Aypa Power $500M corporate credit facility upsizing — total commitments raised to $1.55 billion
Aypa Power closes third consecutive annual upsizing of its corporate credit facility, adding $500M to bring total commitments to $1.55 billion. Facility structure: Revolving Credit Facility + Term Loan + Letter of Credit. Six new domestic and international lenders joined existing group. Largest corporate credit facility in the energy storage sector. Supports development and pre-construction activities beyond 2028. Aypa (CEO: Moe Hajabed) operates 42 projects in operation or construction with 22+ GW development pipeline across North America.
$500M
Deal Value
Energy Storage / Hybrid Renewable
Technology
Multi-state
Location
Deal Details
- Deal Type
- Corporate Credit Facility
- Seller / Sponsor
- Aypa Power (Blackstone portfolio company)
- Buyer / Financier
- Six new domestic and international lenders + existing consortium
- Deal Value
- $500M upsizing ($1.55B total)
- Stage
- Development / Pre-Construction
- ISO/RTO
- Multiple
- Source
- PR Newswire / Aypa Power
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