AYPA POWER SECURES $550 MILLION PORTFOLIO FINANCING FOR BORDEN COUNTY AND CALD BATTERY STORAGE PROJECTS
This portfolio financing supports both the Cald project, a 100 MW / 400 MWh standalone battery storage project in urban Los Angeles, California which secured a long-term tolling agreement with San Diego Gas & Electric, and the Borden County project, a 150 MW / 300 MWh battery storage project in Texas.
- This portfolio financing supports both the Cald project, a 100 MW / 400 MWh standalone battery storage project in urban Los Angeles, California which secured a long-term tolling agreement with San Diego Gas & Electric, and the Borden County project, a 150 MW / 300 MWh battery storage project in Texas.
- Our financial partners are confident in Aypa Power's ability to deliver impactful energy solutions benefitting both the grid and Aypa's customers.
- "It is our pleasure to partner with Aypa as the tax equity investor," said U.S. Bancorp Impact Finance Senior Vice President Adam Altenhofen.
- "Our financing helps facilitate the energy transition and it's exciting to consider the potential impact of these projects in California and Texas."