Aypa Power Closes US$512 Million Financing for Two Ontario BESS Projects

Aypa Power closes US$512 million financing for two Ontario BESS projects

Energy storage developer-operator Aypa Power, and Six Nations of the Grand River Development Corporation (SNGRDC) have closed CA$700 million (US$512 million) for two battery energy storage system (BESS) projects in Ontario, Canada.

Aypa Power, Six Nations secure $512m for BESS projects Canada

Aypa Power, a company within the Blackstone portfolio, and Six Nations of the Grand River Development have secured about C$700m ($512m) in financing for two major battery energy storage (BESS) projects located in Ontario, Canada.

Aypa Power and Six Nations Corporation secure CA$700M for Ontario battery storage Projects - PVBuzzMedia

The financing was provided by an eight-bank syndicate. The post Aypa Power and Six Nations Corporation secure CA$700M for Ontario battery storage Projects appeared first on PVBuzzMedia.