Aypa Power has closed $535 million in debt financing to advance a solar-plus-storage project in California, with Santander Corporate & Investment Banking as lead arranger.
Amount Raised
$535 Million
Round Type
Debt Financing
AustinEnergyRenewable EnergySolarBiomass EnergyInvestors
Description
Aypa Power, a Blackstone portfolio company, announced that it has secured $535 million in debt financing for its Vidal project, a 320 MW solar-plus-storage facility. This financing will enhance grid reliability and contribute to California's renewable energy goals. The project expects to generate over $13.5 million in local economic benefits and create up to 260 jobs. Closing this deal reflects strong lender confidence in Aypa's ability to deliver impactful grid-scale assets.
Quick answer
Aypa Power raised $535 Million in a Debt Financing round, dated May 12, 2025. Investors: Associated Bank, N.A., Siemens Financial Services, Zions Bancorporation, N.A., U.S. Bank National Association and Santander Corporate & Investment Banking. Aypa Power is based in Austin, Texas, United States.
- How much did Aypa Power raise?
- Aypa Power raised $535 Million in a Debt Financing round on May 12, 2025.
- Who invested in Aypa Power?
- Associated Bank, N.A., Siemens Financial Services, Zions Bancorporation, N.A., U.S. Bank National Association and Santander Corporate & Investment Banking are named as investors in this round.
- What does Aypa Power do?
- Aypa Power, a Blackstone portfolio company, is North America's leading energy storage-focused independent power producer.
- Where is Aypa Power based and how big is it?
- Aypa Power is based in Austin, Texas, United States. Fundz records about 169 employees.
- Who are the decision-makers at Aypa Power?
- Fundz holds 1 contact at Aypa Power. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Renewable Energy around the same time
Companies in the same sectors as Aypa Power that raised within 45 days of this round, from Fundz verified event records.
- DejaBlue raised $8M (Seed) on June 26, 2025.
- Ignis Energy raised $14M (Series A) on June 25, 2025.
- Ostrom raised $23M (Series B) on June 20, 2025.
- ReNew Sun Bright Private Limited raised $2.1M (Seed) on June 17, 2025.
- Clean Kinetics raised $3.3M (Series A) on June 10, 2025.
- Nira Energy raised an undisclosed amount on May 29, 2025.
Who to call at Aypa Power, and when
A new round usually means Aypa Power is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Aypa Power raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Aypa Power, from your own LinkedIn network
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