Armadillo Solar (ERCOT-21INR0421) — Project Summary

Queue ID
ERCOT-21INR0421
Capacity
200.03 MW
Technology
Solar
Status
active
Location
Navarro, TX
Region
ERCOT
Developer
Armadillo Solar Center, LLC
IA Status
IA Executed

Armadillo Solar

ERCOT-21INR0421BetaActiveSolarERCOTLBNL + Live

200.03 MW generation in Navarro, TX · In queue since August 2019 · Proposed COD October 2026

BA: ERCOISO/RTO: ERCOTNERC: TRERC: ERCOT

200.03 MW

Capacity

1

Components

Solar

6y 11m

In Queue

IA Executed

IA Phase

Signed Feb 2021

Interconnection

Queue → IA

1y 6m

IA → COD

5y 8m

Total Duration

1y 6m

Construction75%
Queue EntryAug 28, 2019

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 AgreementFeb 2, 2021

Interconnection agreement executed — binding commitment to build

Typical: 30–60 days (negotiation)

ConstructionCurrent

Project under construction

Typical: 12–24 months

Commercial Operation

Proposed COD: 2026-10-27

Cross-source intelligence
Beta
Medium confidence·4 sources·as of 2026-06-01
Expected COD
2026
From queue filing
Developer
AES Corporation
Recent ownership change
Status
Active
Active — under construction per AES and GEM wiki, IA executed 2021-02-02
Financing
Secured
PPA secured with MSD (Merck) announced April 2021 by Ørsted; project now owned by AES
Ownership history
  1. ·Ørsted Onshore North America LLCAES Corporationsource
Key milestones
Ownership change

Project acquired by AES Corporation from Ørsted (date unknown, between 2021-2025)

source
IA executedFeb 2, 2021

Interconnection Agreement executed with ERCOT

source
Financing closeApr 2021Most recent

PPA signed with MSD (Merck) for offtake from Armadillo Solar Center

source
Project lifecycle
as of 2021-04-26
OperationalNoOrsted · 2021-04-26
TechnologySolarOrsted · 2021-04-26
DeveloperØrstedOrsted · 2021-04-26
PPA offtakerMSDOrsted · 2021-04-26
About

Armadillo Solar is a proposed solar generation project located in Navarro County, Texas, with a total capacity of 200.09 MW. The developer is Armadillo Solar Center, LLC. This project is listed in the ERCOT interconnection queue as entry ERCOT-21INR0421, with a queue entry date of August 28, 2019, and a proposed commercial operation date of December 31, 2026. The interconnection agreement (IA) has been executed as of February 2, 2021.

The proposed project is linked to the existing Armadillo Solar Center operating plant (EIA plant ID 64349). Recent news coverage of the project includes reports on industry developments 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

Navarro

Grid Region

ERCOT (Texas)

Market

ISO/RTO Member

Developer

Armadillo Solar Center, LLC

Utility

Entity

ERCOT

Service Type

Point of Interconnection

3387 Revolution 138kV

Data Source

LBNL + Live

DeveloperØrstedOrsted · 2021-04-26
TransactionPPAOrsted · 2021-04-26
OfftakerMSDOrsted · 2021-04-26
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
MEDIUM

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 (1)Beta

Last updated 2026-03-26

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