- NRStor relaunched following the successful acquisition by Blackstone Energy Partners in March 2020.
- Aypa will offer integrated battery systems paired with renewable generation and microgrids.
- The company has hired a Chief Development Officer and an Executive Vice President and Managing Director.
Ontario — Following the successful acquisition by Blackstone Energy Partners in March 2020, NRStor C&I has relaunched as Aypa Power (“Aypa”) as it rapidly expands across the North American market. Following the acquisition, Aypa has broadened its offerings to include utility-scale development and power marketing of standalone energy storage projects, as well as integrated battery systems paired with renewable generation and microgrids.
Further accelerating its growth, Aypa is proud to welcome Kim Oster as Chief Development Officer and John Marchand as an Executive Vice President and Managing Director, Power Marketing. Prior to joining Aypa, Oster served as Chief Strategy Officer at Cypress Creek Renewables, Vice President at First Solar and Director at The AES Corporation. Marchand’s previous roles include Senior Vice President, Business Development at EDF Renewable Energy and Vice President, Power Origination at Constellation Energy. Both Oster and Marchand bring decades of executive experience in renewable energy.
“I am thrilled to join this incredible team to bring reliable, affordable and clean energy to our customers via an innovative approach to storage and renewables,” said Oster. “The team has already attained remarkable success, and I look forward to being part of the next chapter of Aypa’s growth. Through innovation, teamwork and discipline, we’re building a sustainable future for the communities we serve.”
Aypa is a platform for both developers and landowners, providing flexible capital and support for project developers and enabling landowners to increase revenues on underutilized property. As a leading developer, owner and operator of standalone energy storage and hybrid projects, Aypa is creating a smarter, cleaner and more reliable electricity grid.
“Aypa is committed to revolutionizing our electricity grid and delivering affordable, sustainable energy to communities across North America,” said Moe Hajabed, Chief Executive Officer at Aypa Power. “We are very proud of what our team has accomplished in a relatively short period, and excited for the next phase of our growth.”