Kirkland Advises Aypa Power on Closing of $650M Senior Secured Multi-Tranche Hybrid Credit Facility
July 31, 2024
July 31, 2024
CHICAGO, Illinois, July 31 -- Kirkland and Ellis, a law firm, issued the following news release:
Kirkland & Ellis counseled Aypa Power I LLC, a portfolio company of Blackstone Energy Partners, in connection with a $650 million senior secured multi-tranche hybrid credit facility, the largest in the energy storage industry. The new senior secured hybrid corporate facility consists of a $350 million letter of credit facility, a $200 million term loan facility and a $100 million rev . . .
Kirkland & Ellis counseled Aypa Power I LLC, a portfolio company of Blackstone Energy Partners, in connection with a $650 million senior secured multi-tranche hybrid credit facility, the largest in the energy storage industry. The new senior secured hybrid corporate facility consists of a $350 million letter of credit facility, a $200 million term loan facility and a $100 million rev . . .