Lupinus Storage 2
124.55 MW generation in Franklin, TX · In queue since December 2021 · Proposed COD April 2027
124.55 MW
Capacity
1
Components
Battery
4y 7m
In Queue
IA Executed
IA Phase
Signed Mar 2025
Queue → IA
3y 3m
IA → COD
2y 1m
Total Duration
3y 3m
Interconnection request submitted to ISO/RTO
ERCOT uses a serial "connect and manage" approach — fastest among major ISOs.
Typical: 18–30 months (fastest major ISO)
Interconnection agreement executed — binding commitment to build
Typical: 30–60 days (negotiation)
Project under construction
Typical: 18–30 months
Proposed COD: 2027-04-03
$901M financing closed for portfolio including Lupinus 2, backed by five major lenders with Google PPAs
sourceLupinus Storage 2 is a proposed 122.92 MW battery storage project located in Franklin County, Texas. The project, developed by Lupinus Solar 2, LLC, is currently active in the ERCOT interconnection queue as entry ERCOT-24INR0155, with a queue entry date of December 13, 2021. The proposed commercial operation date is April 3, 2027.
The project's interconnection status is currently in the Facility Study phase. The point of interconnection is the 1794 Monticello Tap Substation 138 kV. The project consists solely of battery storage, with a total capacity of 122.92 MW.
Generated from interconnection queue and public data sources
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.
See the full development-risk decomposition for this project.
State
TX
County
Franklin
Grid Region
ERCOT (Texas)
Market
ISO/RTO Member
Developer
Lupinus Solar 2, LLC
Utility
—
Entity
ERCOT
Service Type
—
Point of Interconnection
Hagansport Switch (old Monticello Tap bus# 1794)
Data Source
LBNL + Live
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.
See the full risk decomposition + scenarios for this project.
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.
See the full forecast + scenario decomposition for this project.
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.
See the full revenue + DSCR projection for this project.
- ISO / RTO
- ERCOT
- Trading Hub
- HB_NORTH
- Hub Confidence
- MEDIUM
- POI Substation
- Monticello 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 Ask reports yet for this entity.
Ask about Lupinus Storage 2Forward forecasts, scenario decomposition, and risk-decision tooling for this queue project.
