Red Egret BESS (ERCOT-24INR0281) — Project Summary

Queue ID
ERCOT-24INR0281
Capacity
310.58 MW
Technology
Battery
Status
active
Location
Galveston, TX
Region
ERCOT
Developer
Red Egret LLC
IA Status
IA Executed

Red Egret BESS

ERCOT-24INR0281BetaActiveBatteryERCOTLBNL + Live

310.58 MW storage in Galveston, TX · In queue since March 2022 · Proposed COD August 2026

BA: ERCOISO/RTO: ERCOTNERC: TRERC: ERCOT

310.58 MW

Capacity

1

Components

Battery

4y 4m

In Queue

IA Executed

IA Phase

Signed Jun 2023

Interconnection

Queue → IA

1y 3m

IA → COD

3y 2m

Total Duration

1y 3m

Construction75%
Queue EntryMar 14, 2022

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 7, 2023

Interconnection agreement executed — binding commitment to build

Typical: 30–60 days (negotiation)

ConstructionCurrent

Project under construction

Typical: 6–18 months

Commercial Operation

Proposed COD: 2026-08-31

Cross-source intelligence
Beta
High confidence·7 sources·as of 2026-06-01
Expected COD
2026-08-31
From queue filing
Developer
Spearmint Energy
Filed as Red Egret LLC
Status
IA Executed
IA Executed — financing closed May 2026, construction imminent following August 2025 Texas City permit approval
Financing
Secured
$450M project financing closed May 2026, lenders not disclosed in available sources
Key milestones
IA executedJun 7, 2023

Interconnection Agreement executed with ERCOT

source
Permit approvedAug 7, 2025

Texas City commission approved development agreement and zoning change

source
Financing closeMay 21, 2026

$450M project financing closed for 300MW/600MWh Red Egret BESS

source
COD targetAug 31, 2026Most recent

Target commercial operation date per LBNL queue and financing timeline

source
About

The Red Egret BESS project is a proposed 310.58 MW battery storage project located in Galveston County, Texas. The developer is Red Egret LLC. It is interconnected within the ERCOT region under queue ID ERCOT-24INR0281.

The project entered the interconnection queue on March 14, 2022, with a proposed commercial operation date of August 31, 2026. The Interconnection Agreement (IA) for the project has been executed as of June 7, 2023. The Point of Interconnection (POI) is the 38820 FREEWAY PARK 138KV.

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

Galveston

Grid Region

ERCOT (Texas)

Market

ISO/RTO Member

Developer

Red Egret LLC

Utility

Entity

ERCOT

Service Type

Point of Interconnection

38820 FREEWAY PARK 138KV

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_HOUSTON
Hub Confidence
MEDIUM
Nearest Node (Estimated)
TOPAZ_ALL
POI Substation
Freeway Park 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.