Remy Jade III Power Station (ERCOT-24INR0382) — Project Summary

Queue ID
ERCOT-24INR0382
Capacity
102 MW
Technology
Gas
Status
active
Location
Harris, TX
Region
ERCOT
Developer
Remy Jade III Generating, LLC
IA Status
IA Executed

Remy Jade III Power Station

ERCOT-24INR0382BetaActiveGasERCOTLBNL

102 MW generation in Harris, TX · In queue since July 2022 · Proposed COD May 2028

BA: ERCOISO/RTO: ERCOTNERC: TRERC: ERCOT

102 MW

Capacity

1

Components

Gas

4 years

In Queue

IA Executed

IA Phase

Signed Aug 2022

Interconnection

Queue → IA

1 month

IA → COD

5y 9m

Total Duration

1 month

Construction75%
Queue EntryJul 18, 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 AgreementAug 1, 2022

Interconnection agreement executed — binding commitment to build

Typical: 30–60 days (negotiation)

ConstructionCurrent

Project under construction

Typical: 24–48 months

Commercial Operation

Proposed COD: 2028-05-01

Cross-source intelligence
Beta
High confidence·6 sources·as of 2026-06-01
Expected COD
Sep 2024
Queue date 3+ years staleQueue: 2028-05-01
Developer
WattBridge
Filed as Remy Jade III Generating, LLC
Status
Active
Active — facility online since September 2024, but ownership transferred to CPS Energy in September 2025 acquisition
Financing
Secured
Project financed and operational since 2024; subsequently sold to CPS Energy for $1.3-1.4B as part of four-facility portfolio in September 2025
Ownership history
  1. ·WattBridgePROENERGY (Energy Capital Partners portfolio company)source
  2. 2025-09·PROENERGYCPS Energysource
Key milestones
IA executedAug 2022

Interconnection Agreement executed per LBNL queue data

source
COD targetSep 2024

WattBridge began commercial operations at 384-MW Remy Jade facility (includes Remy Jade III unit)

source
WithdrawnMar 2025

WattBridge withdrew four projects from Texas Energy Fund (unclear if this specific unit was affected)

source
Ownership changeSep 2025Most recent

CPS Energy acquired four Southeast Texas power facilities including Remy Jade for $1.3B from PROENERGY

source
About

The Remy Jade III Power Station is a proposed 102 MW gas-fired generation project located in Harris County, Texas. Developed by Remy Jade III Generating, LLC, the project is interconnected within the ERCOT region under queue ID ERCOT-24INR0382. The project entered the interconnection queue on July 18, 2022, with a proposed commercial operation date of May 1, 2028. The Interconnection Agreement (IA) for the project was executed on August 1, 2022.

The Remy Jade III Power Station has been the subject of recent news coverage, with nine articles related to the project appearing in industry and grid publications. The point of interconnection is Tap 138kV 40390 Crosby - 40811 Highlands.

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

Harris

Grid Region

ERCOT (Texas)

Market

ISO/RTO Member

Developer

Remy Jade III Generating, LLC

Utility

Entity

ERCOT

Service Type

Point of Interconnection

Tap 138kV 40390 Crosby - 40811 Highlands

Data Source

LBNL

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)
CS_RN
POI Substation
Crosby 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.

Insights & Articles (1)Beta

Last updated 2026-03-14

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