Pine Forest Solar (ERCOT-20INR0203) — Project Summary

Queue ID
ERCOT-20INR0203
Capacity
301.51 MW
Technology
Solar
Status
active
Location
Hopkins, TX
Region
ERCOT
Developer
Pine Forest Solar I, LLC
IA Status
IA Executed

Pine Forest Solar

ERCOT-20INR0203BetaActiveSolarERCOTLBNL + Live

301.51 MW generation in Hopkins, TX · In queue since October 2018 · Proposed COD October 2026

BA: ERCOISO/RTO: ERCOTNERC: TRERC: ERCOT

301.51 MW

Capacity

1

Components

Solar

7y 9m

In Queue

IA Executed

IA Phase

Signed Jul 2020

Status
as of 21 months ago
Latest milestoneconstruction start · 2024-10-03Solar Builder · 2024-10-03
Interconnection

Queue → IA

1y 9m

IA → COD

6y 3m

Total Duration

1y 9m

Construction75%
Queue EntryOct 4, 2018

Interconnection request submitted to ISO/RTO

Interconnection Study

ERCOT uses a serial "connect and manage" approach — fastest among major ISOs.

Typical: 18–30 months (fastest major ISO)

Interconnection AgreementJul 29, 2020

Interconnection agreement executed — binding commitment to build

Typical: 30–60 days (negotiation)

ConstructionCurrent

Project under construction

Typical: 12–24 months

Commercial Operation

Proposed COD: 2026-10-01

Cross-source intelligence
Beta
High confidence·8 sources·as of 2026-06-01
Expected COD
Feb 2026
Queue date 1–2 years staleQueue: 2026-10-01
Developer
Clearway Energy Group
Filed as Pine Forest Solar I, LLC
Status
Online
Online — project achieved commercial operation in February 2026, approximately 8 months ahead of LBNL's proposed October 2026 COD
Financing
Secured
Financing closed October 2024 (amount undisclosed). Construction financing enabled groundbreaking in Q4 2024. AIP Management acquired 49.99% equity stake for approximately $200M in April 2025.
Ownership history
  1. 2025-04·Clearway Energy Group (100%)Clearway Energy Group (50.01%) + AIP Management (49.99%)source
Key milestones
IA executedJul 29, 2020

Interconnection Agreement executed with ERCOT

source
GroundbreakingOct 2024

Construction commenced on Pine Forest solar and storage projects in Hopkins County

source
Financing closeOct 2, 2024

Clearway closed financing and began construction on 300 MW solar + 200 MW storage

source
Ownership changeApr 2025

AIP Management acquired 49.99% equity stake for ~$200M while project under construction

source
COD targetFeb 2026Most recent

Pine Forest Energy Center (300 MW solar + 200 MW storage) achieved commercial operation

source
Project lifecycle
as of 2024-10-03
PhaseConstructionSolar Builder · 2024-10-03
OperationalNoSolar Builder · 2024-10-03
TechnologyHybridSolar Builder · 2024-10-03
DeveloperClearway Energy GroupSolar Builder · 2024-10-03
PPA offtakerDell Technologies, Universal CorporationSolar Builder · 2024-10-03
GroundbreakingAnnouncedSolar Builder · 2024-10-03
About

Pine Forest Solar is a proposed 301.51 MW solar generation project located in Hopkins County, Texas. The developer is Pine Forest Solar I, LLC. The project is interconnected within the ERCOT region under queue ID ERCOT-20INR0203, with an interconnection queue entry date of October 4, 2018. The proposed commercial operation date is April 1, 2026, and the Interconnection Agreement was executed on July 29, 2020.

The project's point of interconnection is the Monticello Switch _x0013_ Allen Switch 345 kV Line. Pine Forest Solar has been the subject of recent news coverage, with seven articles categorized as development, regulatory, and deals.

Generated from interconnection queue and public data sources

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.

Available on the InfraSure platform

See the full development-risk decomposition for this project.

P(COD by stated date)
Financing close probability
EPC + tax-equity counterparty
Project Details

State

TX

County

Hopkins

Grid Region

ERCOT (Texas)

Market

ISO/RTO Member

Developer

Pine Forest Solar I, LLC

Utility

Entity

ERCOT

Service Type

Point of Interconnection

Monticello Switch – Allen Switch 345 kV Line

Data Source

LBNL + Live

DeveloperClearway Energy GroupIPE Real Assets · 2025-04-01
ApplicantPine Forest Solar LLC±Ksst Radio · 2022-12-12
AgencyHopkins County Commissioner Court±Ksst Radio · 2022-12-12
RulingApprovalKsst Radio · 2022-12-12
TransactionAcquisitionIPE Real Assets · 2025-04-01
Deal value$200.0MIPE Real Assets · 2025-04-01
OfftakerAIP ManagementIPE Real Assets · 2025-04-01
PPA structureVirtualIPE Real Assets · 2025-04-01
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.

Available on the InfraSure platform

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.

Available on the InfraSure platform

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
ERCOT
Trading Hub
HB_NORTH
Hub Confidence
LOW

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.

Insights & Articles (4)Beta

Last updated 2026-03-26

View all articles
InfraSure platform

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