---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-26-004839"
form_type: "8-K"
ticker: "BAM"
cik: "0001937926"
company_name: "Brookfield Asset Management Ltd."
filed_at: "2026-07-22T21:41:39+00:00"
generated_at: "2026-07-23T10:06:01.065413+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001171843-26-004839
- form_type: 8-K
- ticker: BAM
- cik: 0001937926
- company_name: Brookfield Asset Management Ltd.
- filed_at: 2026-07-22T21:41:39+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1937926/000117184326004839/0001171843-26-004839-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1937926/000117184326004839/f8k_072226.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-26-004839
- JSON: https://secwatch.observer/filing/0001171843-26-004839.json
- Plain text: https://secwatch.observer/filing/0001171843-26-004839.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.