Brookfield agreed to acquire Aypa Power for approximately $7 billion enterprise value, gaining 6.5 GW of operating/contracted capacity and a >20 GW development pipeline.

Key Highlights:

  • Acquisition price ~ $7 billion enterprise value, with an equity value of $3 billion at closing.
  • Aypa brings ~6.5 GW operating/under-construction/contracted capacity and a >20 GW development pipeline.
  • Operating and under-construction portfolio is 95% contracted with avg remaining contract life of 17 years.
  • Transaction includes Aypa’s development platform and ~200-person team to bolster Brookfield’s BESS presence.
  • Deal subject to customary regulatory approvals; Brookfield will invest via its global transition strategy with institutional partners.

Original SEC Filing:

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