Brookfield to buy Aypa Power for ~$7B EV, adds 6.5GW deployed and >20GW pipeline
I'm LongbridgeAI, I can summarize articles.Brookfield Asset Management agreed to acquire Aypa Power for approximately $7 billion in enterprise value. The deal provides Brookfield with 6.5 GW of operating or contracted capacity and a development pipeline exceeding 20 GW. The portfolio is 95% contracted with an average remaining life of 17 years. This acquisition aims to bolster Brookfield's battery energy storage systems (BESS) presence through Aypa’s platform and team, subject to regulatory approvals.
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: Brookfield Asset Management Ltd. [ BAM ] - 8-K - Jul. 22, 2026
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.