AUSTIN, TX, January 23, 2023 /CNW/ – Aypa Power (“Aypa”), a Blackstone subsidiary that develops, owns, and operates a number of energy efficiency and renewable energy projects updated, closed. $320 million the credit books and credit facilities are led by Banco Santander, Investec, and Nomura as Coordinating Lead Arrangers and Joint Bookrunners. The facility will support the development and procurement of Aypa’s 15+ GW project pipeline in turn North America.

Aypa Power Logo (CNW Group/Aypa Power)

The buildings include a $250 million housing loan book and a $70 million revolving credit facility, provided to Aypa with development capital and credit assistance to settle obligations related to sales agreements electricity and other revenue contracts, as well as telecommunications contracts.

“We really appreciate the basic support of our charities that have worked with Aypa,” he said. Marc AtlasChief Financial Officer of Aypa Power. “This facility sets the stage for us to continue to market our battery storage and installation solutions, while providing our borrowers with more cash flow and asset utilization.”

“This facility accelerates Aypa’s growth and advances our pipeline, which is in line with the company’s goal of delivering more than 1,500 megawatts of battery storage and installation works to be shown-in-progress in the next 24 months,” it said. Aypa Power CEO, Moe Hajabed. “We’re excited to partner with such a great financial institution as we continue to deliver on our mission.”

Vinod Mukani, Global Head of Nomura’s Infrastructure and Power Business (“IPB”) He said, “We are happy to use our international skills to provide a special financing solution to support the development of Aypa. Providing better performance in growth areas – such as areas of energy transition – remains at the core of Nomura, with the support of strong sponsors such as Aypa and this financing fits. into these strategic plans.”

“Nomura is pleased to support and supply water to Aypa as it continues to develop its large pipeline of storage and solar in the US,” it said. Alain HalimiManaging Director of Nomura’s IPB. “Nomura is passionate about creating financial solutions for clients, like Aypa, who are an innovator in the energy revolution currently taking place in the US and around the world.”

“We are very proud to support Aypa at this important time in its business development and capitalization process,” it said. Nuno AndradeManaging Director and Head of Structured Finance US at Santander’s Corporate & Investment Banking. “Aypa has positioned itself as a new technology and development project that will deliver clean energy and jobs across the board. the United States with its use of battery storage and renewable energy projects, it is important for the economy and the energy transition.”

“We’ve seen a lot of activity in this space and we’re excited to partner with the amazing teams at Aypa and Blackstone on this exciting investment,” he said. Fred PetitHead of Investec’s North American Power & Infrastructure group. “Investec continues to be a leader in organizing new deals in the North American energy space and this financing fits well with the bank’s strategy on ESG”.

About Aypa Power

Aypa Power is a Blackstone subsidiary that develops, owns, and operates integrated energy storage and renewable energy projects. As an independent electricity producer, Aypa was founded with the aim of reducing dependence on fossil fuels and making a positive impact in the fight against climate change, while improving reliability and resilience . Aypa has been at the forefront of energy storage development since their first energy storage project came online in 2018. The company currently has more than 15GW in development on the other hand. North America. For more information about Aypa Power, visit www.aypa.com.

About Nomura

Nomura is a global financial services group with an integrated network in over 30 countries and regions.. By connecting East & West markets, Nomura serves the needs of individuals, organizations, companies and governments to through its three business divisions: Sales, Investment Management, and Global Markets and Investment Banking. Founded in 1925, the company is built on a tradition of entrepreneurial excellence, serving clients with innovative solutions and thought leadership. For more information about Nomura, visit www.nomura.com.

About Santander

Santander’s Corporate & Investment Banking division supports Corporate, FiG (fiancial institutions group), Financial Sponsors and Institutional clients, offering specialized services and retail products, suited to their complexity and sophistication. With more than 5,800 professionals in 18 countries around the world, the Santander CIB business and the Global Debt Financing team support its Clients’ renewable energy financing needs through experience, understand and integrate your products to give our Customers access to a full range of credit channels and infrastructure.

About Investec

Investec Power and Infrastructure Finance is a global energy specialist, with teams in the US, UK, Europe, South Africa and India. Investec partners with individuals, organizations, and corporates, offering international banking, investment, and wealth management services in two key markets, South Africa, and Britain, as well as other countries. The Group was founded in 1974 and currently has 8,300+ employees. Investec has a series of two listed companies with initial listings in London and Johannesburg Stock Exchange.



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