Aypa Power Acquires Yadkins 100 MW Energy Storage Project from East Point Energy
March 1, 2022
Aypa Power, a Blackstone portfolio company, has purchased the 100 MW Yadkins Energy Storage project in Chesapeake, Virginia from developer East Point Energy. East Point will continue to provide development services on the project, which is intended to increase grid resilience and support Virginia's clean energy goals.
- Buyers
- Aypa Power, Blackstone
- Targets
- Yadkins Energy Storage project
- Sellers
- East Point Energy
- Industry
- Renewable Energy
- Location
- Virginia, United States
- Transaction Type
- Divestiture
Explore More
Related Acquisitions
-
Equinor Acquires East Point Energy
July 9, 2022
Energy
Equinor has signed an agreement to acquire 100% of Charlottesville-based battery storage developer East Point Energy LLC, bringing a 4.1 GW pipeline of early- to mid-stage US battery storage projects into Equinor's renewables portfolio. The deal accelerates Equinor's entry into the US power market and expands its capabilities in grid-scale battery storage to support its broader renewable and trading strategy.
-
ArcLight Capital Partners Acquires Advanced Power
July 24, 2025
Energy
ArcLight Capital Partners has acquired Advanced Power and committed an initial $1 billion equity investment to accelerate development of modern power infrastructure. The partnership could deploy more than $5 billion over five years to support over 20 GW of new generation and 10+ GWh of storage, targeting utilities, data center developers and hyperscalers across North America.
-
East Coast Power Acquires United Powerline Solutions
January 6, 2026
Utilities
East Coast Power (ECP), a portfolio company of A&M Capital Partners, has acquired United Powerline Solutions (UPS), a Haubstadt, Indiana–based provider of overhead distribution services for electric utilities across the Midwest. The add-on expands ECP’s geographic footprint, distribution services capabilities and storm-response capacity as the platform pursues nationwide growth amid grid modernization and infrastructure investment.
-
Catalyst Power Acquires AP Gas & Electric (NY) LLC
December 15, 2021
Energy
Catalyst Power Holdings LLC acquired AP Gas & Electric (NY) LLC, expanding Catalyst Power's retail energy footprint across New York State and enabling the addition of natural gas, community solar, and Connected Microgrid offerings to AP G&E NY's middle-market commercial and industrial customers. The acquisition is backed by BP Energy Partners, the private equity sponsor of Catalyst Power, and represents an add-on to Catalyst Power's platform to accelerate deployment of lower-carbon energy solutions.
-
Powin Acquires EKS Energy
September 20, 2022
Renewable Energy
Powin LLC has acquired EKS Energy to integrate EKS's power electronics and energy management technology into Powin's grid-scale energy storage platform. The acquisition expands Powin's product portfolio (including power conversion systems, power plant controllers, PV inverters, DC-to-DC converters and multi-port inverters) to deliver fully integrated AC energy storage solutions and advanced controls for microgrids and utility-scale solar-plus-storage projects.
-
Apollo Acquires PowerGrid Services from The Sterling Group
July 2, 2025
Industrial Services
Apollo has completed the acquisition of PowerGrid Services from The Sterling Group and other existing investors. PowerGrid is a national provider of electric utility maintenance and construction services with more than 1,700 in-house professionals operating across 35 states; Apollo will partner with management and existing investors to support the company’s continued growth and grid modernization efforts.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.