Press Release

Kirkland Advises Blackstone Energy Transition Partners-Backed Aypa Power on Sale to Brookfield

Kirkland & Ellis represented Blackstone Energy Transition Partners-backed Aypa Power, the largest standalone battery storage developer in North America, on an agreement to be acquired by Brookfield for approximately $7 billion enterprise value at closing, or an equity value of $3 billion. The transaction is subject to customary regulatory approvals.

Read Blackstone’s press release

The Kirkland team included corporate lawyers Cy Jones, Rhett Van Syoc, Daniel Cadis, Evan Chavez, Cade Luedde, Paul Milani, Zach Sheehan, Madison Wiedeman and Peter Wise; debt finance lawyers Tatiana Monastyrskaya and Jacqueline Trudeau; tax lawyers Mark Dundon, Mike Masri, Rebecca Fine and Liam Underwood; and executive compensation lawyers Rob Fowler and Mei Wang.