Brookfield agrees to buy battery storage developer Aypa Power for $7 billion enterprise value

Reuters2026/07/23 02:53

By:Reuters

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Brookfield Renewable Partners will participate in Brookfield’s agreed acquisition of battery storage developer Aypa Power from Blackstone funds.
Deal values Aypa at about $7 billion enterprise value at closing, including $3 billion equity value.
Aypa has about 6.5 GW of operating, under-construction, and contracted battery storage capacity, backed by a development pipeline above 20 GW.
Operating and under-construction assets are 95% contracted, with an average remaining contract life of 17 years.
Transaction includes Aypa’s portfolio, development platform, and about 200 employees, expanding Brookfield’s North American battery storage presence.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Brookfield Renewable Partners LP published the original content used to generate this news brief on July 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Brookfield agrees to buy battery storage developer Aypa Power for $7 billion enterprise value

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