MRG GOODY SOLAR (ERCOT-23INR0225) — Project Summary

Queue ID
ERCOT-23INR0225
Capacity
170.82 MW
Technology
Solar+Battery
Status
active
Location
Lamar, TX
Region
ERCOT
Developer
MRG GOODY SOLAR PROJECT, LLC
IA Status
IA Executed

MRG GOODY SOLAR

ERCOT-23INR0225BetaActiveSolarBatteryERCOTLBNL + Live

170.82 MW hybrid in Lamar, TX · In queue since March 2021 · Proposed COD March 2026

BA: ERCOISO/RTO: ERCOTNERC: TRERC: ERCOT

170.82 MW

Capacity

1

Components

Solar

5y 4m

In Queue

IA Executed

IA Phase

Signed Nov 2023

Interconnection

Queue → IA

2y 8m

IA → COD

2y 4m

Total Duration

2y 8m

Schedule

4 months past proposed COD

Construction75%
Queue EntryMar 16, 2021

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 AgreementNov 7, 2023

Interconnection agreement executed — binding commitment to build

Typical: 30–60 days (negotiation)

ConstructionCurrent

Project under construction

Typical: 18–30 months

Commercial Operation

Proposed COD: 2026-03-20

Cross-source intelligence
Beta
High confidence·6 sources·as of 2026-06-01
Expected COD
2026
Developer
Nexus Renewable Power
Filed as MRG GOODY SOLAR PROJECT, LLC
Status
Construction
Construction — financing closed September 2025, Meta PPA executed, Goldman Sachs-backed $220M funding secured
Financing
Secured
$220 million secured September 2025, led by Goldman Sachs and HPS Investment Partners, for construction of solar+storage facility
Key milestones
IA executedNov 7, 2023

Interconnection Agreement executed with ERCOT

source
Financing closeSep 2025

Nexus secured $220M from Goldman Sachs and HPS Investment Partners for construction

source
COD target2026Most recent

Project under construction, expected online 2026

source
About

The MRG GOODY SOLAR project is a proposed solar generation facility with a total capacity of 171.72 MW. Located in Lamar County, Texas, the project is being developed by MRG GOODY SOLAR PROJECT, LLC. It is interconnected within the ERCOT region under queue ID ERCOT-23INR0225, with an interconnection queue entry date of March 16, 2021. The proposed commercial operation date is March 20, 2026, and the Interconnection Agreement (IA) was executed on November 7, 2023.

The project is linked to the existing operating plant named MRG Goody Solar Project Hybrid (EIA plant ID 66390). The project has also been the subject of 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

Lamar

Grid Region

ERCOT (Texas)

Market

ISO/RTO Member

Developer

MRG GOODY SOLAR PROJECT, LLC

Utility

Entity

ERCOT

Service Type

Point of Interconnection

Tap 138 kV Toco Switch (#1700) – Paris Switch (#1693)

Data Source

LBNL + Live

DeveloperNexus Renewable PowerPulse 2.0 · 2025-09-22
TransactionPPA±Data Center Dynamics · 2025-09-24
Deal value$220.0MPulse 2.0 · 2025-09-22
OfftakerMeta±Data Center Dynamics · 2025-09-24
LenderHPS Investment PartnersPulse 2.0 · 2025-09-22
PPA structurePhysicalPulse 2.0 · 2025-09-22
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
HIGH
Nearest Node (Estimated)
TOCO_8

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 (2)Beta

Last updated 2026-03-14

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