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Aypa Power Buys Battery Storage Project In Downtown LA

socalTECH

JANUARY 5, 2022

Aypa Power, an energy storage company owned by private equity firm Blackstone, said it is acquiring a 120MW standalone battery energy storage project in downtown Los Angeles. The project is expected to reach commercial operations in 2024. Financial details of the deal were not announced.

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Archer Aviation aims to launch network of urban air taxis in Los Angeles by 2024

TechCrunch LA

FEBRUARY 23, 2021

Archer Aviation, the electric aircraft startup that recently announced a deal to go public via a merger with a blank-check company, plans to launch a network of its urban air taxis in Los Angeles by 2024. United Airlines, which has a major hub in Los Angeles, was one of the investors in the deal.

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