TORMES SOLAR (ERCOT-22INR0437) — Project Summary

Queue ID
ERCOT-22INR0437
Capacity
356.6 MW
Technology
Solar
Status
active
Location
Navarro, TX
Region
ERCOT
Developer
BDPU SOLAR TORMES LLC
IA Status
IA Executed

TORMES SOLAR

ERCOT-22INR0437BetaActiveSolarERCOTLBNL + Live

356.6 MW generation in Navarro, TX · In queue since October 2020 · Proposed COD March 2027

BA: ERCOISO/RTO: ERCOTNERC: TRERC: ERCOT

356.6 MW

Capacity

1

Components

Solar

5y 9m

In Queue

IA Executed

IA Phase

Signed Apr 2024

Interconnection

Queue → IA

3y 6m

IA → COD

2y 11m

Total Duration

3y 6m

Construction75%
Queue EntryOct 23, 2020

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 AgreementApr 10, 2024

Interconnection agreement executed — binding commitment to build

Typical: 30–60 days (negotiation)

ConstructionCurrent

Project under construction

Typical: 12–24 months

Commercial Operation

Proposed COD: 2027-03-31

Cross-source intelligence
Beta
High confidence·5 sources·as of 2026-06-01
Expected COD
2027
From queue filing
Developer
Matrix Renewables
Filed as BDPU SOLAR TORMES LLC
Status
Construction
Construction — groundbreaking occurred May 2026, construction actively underway
Financing
Secured
$750 million investment declared for construction phase
Key milestones
IA executedApr 10, 2024

Interconnection Agreement executed with ERCOT

source
GroundbreakingMay 2026

Matrix Renewables and SOLV Energy commenced construction on 457MWdc Tormes Solar Project

source
Financing closeMay 2026Most recent

$750M investment declared for construction phase

source
About

The TORMES SOLAR project is a proposed 382.12 MW solar generation facility in Navarro County, Texas. The project, developed by BDPU Solar Tormes LLC, is currently active in the ERCOT interconnection queue as entry ERCOT-22INR0437, with a queue entry date of October 23, 2020. The proposed commercial operation date is March 31, 2027.

The project's Interconnection Agreement (IA) has been executed as of April 10, 2024. The point of interconnection is at the tap 345kV 1906 Venus - 68091 Navarro. The TORMES SOLAR project has been mentioned in recent news coverage.

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

BDPU SOLAR TORMES LLC

Utility

Entity

ERCOT

Service Type

Point of Interconnection

tap 345kV 1906 Venus - 68091 Navarro

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.

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
Nearest Node (Estimated)
DSWL_BES1
POI Substation
Venus 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.

No insights available for this project.
InfraSure platform

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