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

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