Lupinus Solar 1

ERCOT-24INR0150BetaActiveSolarBatteryERCOTLBNL + Live

162.31 MW hybrid in Franklin, TX · In queue since December 2021 · Proposed COD September 2027

BA: ERCOISO/RTO: ERCOTNERC: TRERC: ERCOT

162.31 MW

Capacity

Components

Solar

4y 7m

In Queue

IA Executed

IA Phase

Signed Jun 2025

Interconnection

Queue → IA

3y 6m

IA → COD

2y 3m

Total Duration

3y 6m

Construction75%

Queue EntryDec 8, 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 AgreementJun 26, 2025

Interconnection agreement executed — binding commitment to build

Typical: 30–60 days (negotiation)

ConstructionCurrent

Project under construction

Typical: 18–30 months

Commercial Operation

Proposed COD: 2027-09-13

Cross-source intelligence

Beta

High confidence·4 sources·as of 2026-06-01

Expected COD

2027

From queue filing

Developer

Sunraycer Renewables

Filed as Lupinus Solar, LLC

Status

IA Executed

IA Executed — construction started March 2026, financing closed (part of $901M package for 3 TX projects)

Financing

Secured

$901M package from 5 banks for 3 TX projects (479.5 MWac total including Lupinus I & II, Eagle Springs), closed approximately April 2026

Key milestones

IA executedJun 26, 2025

Interconnection Agreement executed per LBNL queue data

source

GroundbreakingMar 17, 2026

Construction start announced for Lupinus I & II and Eagle Springs projects

source

Financing closeApr 2026

$901M financing package closed for Lupinus I & II and Eagle Springs projects (479.5 MWac total)

source

COD targetSep 13, 2027Most recent

Proposed commercial operation date per LBNL queue filing

source

About

Lupinus Solar 1 is a proposed solar generation project with a total capacity of 164.86 MW. The project, located in Franklin County, Texas, is being developed by Lupinus Solar, LLC. It is currently in the ERCOT interconnection queue as entry ERCOT-24INR0150, with a queue entry date of December 8, 2021, and a proposed commercial operation date of September 13, 2027. The project's interconnection status is currently in the Facility Study phase.

The development project has been featured in recent news coverage related to deals and development.

Generated from interconnection queue and public data sources

ERCOT Queue

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

County

Franklin

Grid Region

ERCOT (Texas)

Market

ISO/RTO Member

Developer

Lupinus Solar, LLC

Utility

—

Entity

ERCOT

Service Type

—

Point of Interconnection

Tap 345 kV 11699 Woodard Switch - 1695 Monticello SES

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: 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.

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InfraSure platform

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

Lupinus Solar 1 (ERCOT-24INR0150) — Project Summary

Lupinus Solar 1