LOCK STORAGE

CAISO-1962BetaActiveBatteryCAISOLBNL + Live

508 MW storage in Fresno, CA · In queue since April 2021 · Proposed COD December 2027

BA: CISOISO/RTO: CAISONERC: WECCRC: RCW

508 MW

Capacity

Components

Battery

5y 3m

In Queue

IA Executed

IA Phase

Signed Apr 2025

Interconnection

Queue → IA

4 years

IA → COD

2y 8m

Total Duration

4 years

Study Phase

C14

Construction75%

Queue EntryApr 15, 2021

Interconnection request submitted to ISO/RTO

Cluster Study (Phase I/II)

CAISO uses cluster studies where projects are batched annually and studied together.

Typical: 36–48 months (IR to IA)

Interconnection AgreementApr 30, 2025

Interconnection agreement executed — binding commitment to build

Typical: 30–60 days (negotiation)

ConstructionCurrent

Project under construction

Typical: 6–18 months

Commercial Operation

Proposed COD: 2027-12-15

Cross-source intelligence

Beta

Low confidence·2 sources·as of 2026-06-01

Expected COD

Dec 2027

From queue filing

Developer

—

Status

Active

Active — IA Executed April 2025, targeting December 2027 COD

Financing

Unannounced

Key milestones

IA executedApr 30, 2025

Interconnection Agreement executed with CAISO

source

COD targetDec 2027Most recent

Proposed commercial operation date December 2027

source

About

The LOCK STORAGE project is a proposed 508 MW battery storage project located in Fresno County, California. Interconnecting to the PG&E utility, the project is in the CAISO interconnection queue as entry CAISO-1962, with a queue entry date of April 15, 2021. The proposed commercial operation date is December 15, 2027. The project's interconnection status is currently in the System Impact Study phase.

The LOCK STORAGE project has been the subject of recent news coverage, with three articles categorized as regulatory and industry news.

Generated from interconnection queue and public data sources

CAISO Queue

Development Risk

Realization risk from now to commercial operation — financing close, EPC and tax-equity counterparty mix, and COD probability vs the proposed date. The diligence view that determines whether the deal actually closes. Powered by InfraSure's development-stage modeling stack.

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See the full development-risk decomposition for this project.

P(COD by stated date)

Financing close probability

EPC + tax-equity counterparty

Project Details

State

County

Fresno

Grid Region

CAISO (California)

Market

ISO/RTO Member

Developer

—

Utility

PGAE

Entity

CAISO

Service Type

NRIS

Point of Interconnection

Gates 500 kV

Data Source

LBNL + Live

Risk Analytics

Composite operating-phase risk view — what this asset's risk profile will look like once it commissions. Climate hazards across its operating life, expected generation variability, and offtake counterparty exposure, decomposed into a single decision-grade score. Powered by InfraRisk.

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See the full risk decomposition + scenarios for this project.

Climate hazards (8+)

Generation variability (P10/P50/P90)

Offtake + transmission counterparty

Generation Forecast

Forward generation outlook — first-year production estimate and 10-year P50 trajectory, with probabilistic ranges (P10/P50/P90) across weather, demand, and policy scenarios. Powered by InfraSure's generation modeling stack.

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See the full forecast + scenario decomposition for this project.

10-year P50 forecast

First-year output estimate

Weather + policy scenarios

Financial Forecast

Forward revenue, DSCR projection, and financing-close risk — conditioned on commercial operation. First-year DSCR, 10-year cashflow, and counterparty exposure across price and policy scenarios. Powered by InfraSure's asset cashflow stack.

Available on the InfraSure platform

See the full revenue + DSCR projection for this project.

10-year revenue projection

First-year DSCR

Financing close risk

Market Context

Approximate

ISO / RTO: CAISO
Trading Hub: TH_ZP26_GEN-APND
Hub Confidence: MEDIUM
Nearest Node (Estimated): FIFTHS_7_N003
POI Substation: Gates Substation

This project's market context is estimated from its Point of Interconnection. Hub and node assignments are approximate and based on geographic inference from the POI substation name.

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InfraSure platform

Forward forecasts, scenario decomposition, and risk-decision tooling for this queue project.

LOCK STORAGE (CAISO-1962) — Project Summary

LOCK STORAGE