Caney Creek Solar (ERCOT-23INR0045) — Project Summary

Queue ID
ERCOT-23INR0045
Capacity
121.04 MW
Technology
Solar
Status
active
Location
Van Zandt, TX
Region
ERCOT
Developer
HEP Aquamarine Holdings LLC
IA Status
IA Executed

Caney Creek Solar

ERCOT-23INR0045BetaActiveSolarERCOTLBNL + Live

121.04 MW generation in Van Zandt, TX · In queue since September 2020 · Proposed COD June 2027

BA: ERCOISO/RTO: ERCOTNERC: TRERC: ERCOT

121.04 MW

Capacity

1

Components

Solar

5y 8m

In Queue

IA Executed

IA Phase

Signed Dec 2021

Status
as of 19 months ago
Latest activityearnings_reportS&P Global · 2024-10-14
Interconnection

Queue → IA

1y 3m

IA → COD

5y 6m

Total Duration

1y 3m

Construction75%
Queue EntrySep 25, 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 AgreementDec 29, 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: 2027-06-21

About

The GP Solar project is a proposed 121.97 MW solar generation facility in Van Zandt County, Texas. Developed by HEP Aquamarine Holdings LLC, the project consists of 121.97 MW of solar photovoltaic generation. It is currently active in the ERCOT interconnection queue as entry ERCOT-23INR0045, with a queue entry date of September 25, 2020, and a proposed commercial operation date of June 21, 2027.

The project's Interconnection Agreement (IA) has been executed as of December 29, 2021. The point of interconnection (POI) is at Tap 138kV 6829 Glen Pine - 6833 Explorer. The GP Solar project has been mentioned in recent industry news.

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

Van Zandt

Grid Region

ERCOT (Texas)

Market

ISO/RTO Member

Developer

HEP Aquamarine Holdings LLC

Utility

Entity

ERCOT

Service Type

Point of Interconnection

Tap 138kV 6829 Glen Pine - 6833 Explorer

Data Source

LBNL + Live

CompanyS&P Global RatingsS&P Global · 2024-10-14
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.

News & Articles (2)Beta

Last updated 2026-04-09

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InfraSure platform

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