Brookfield to acquire Aypa Power from Blackstone for ~$7B enterprise value

Brookfield Asset Management Ltd.

Aypa is the largest standalone battery storage developer in North America with 6.5 GW operating/contracted and >20 GW pipeline.
Enterprise value ~$7B, equity value $3B; transaction subject to customary regulatory approvals.
Operating/under-construction portfolio is 95% contracted with investment-grade customers, average remaining contract life 17 years.
Brookfield invests through its global transition strategy second vintage, alongside Brookfield Renewable Partners.
Aypa's ~200-person team will join Brookfield; founder Moe Hajabed remains CEO.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.