Aypa Power, a Blackstone-backed company specializing in utility-scale energy storage and hybrid renewable energy projects, has successfully secured a $650 million credit facility. This financing, led by Apterra Infrastructure Capital, Banco Santander, ING Capital, Nomura Securities, Societe Generale, and Sumitomo Mitsui Banking Corporation, replaces and significantly expands Aypa’s previous $320 million facility. The new funds will support Aypa’s ongoing expansion and the advancement of its project pipeline across the United States and Canada.