Leon Solar Park (ERCOT-26INR0023) — Project Summary

Queue ID
ERCOT-26INR0023
Capacity
210.11 MW
Technology
Solar+Battery
Status
active
Location
Leon, TX
Region
ERCOT
Developer
Misae Solar IV LLC
IA Status
IA Executed

Leon Solar Park

ERCOT-26INR0023BetaActiveSolarBatteryERCOTLBNL + Live

210.11 MW hybrid in Leon, TX · In queue since September 2022 · Proposed COD July 2026

BA: ERCOISO/RTO: ERCOTNERC: TRERC: ERCOT

210.11 MW

Capacity

1

Components

Solar

3y 10m

In Queue

IA Executed

IA Phase

Signed May 2024

Interconnection

Queue → IA

1y 8m

IA → COD

2y 2m

Total Duration

1y 8m

Schedule

0 months past proposed COD

Construction75%
Queue EntrySep 15, 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 AgreementMay 21, 2024

Interconnection agreement executed — binding commitment to build

Typical: 30–60 days (negotiation)

ConstructionCurrent

Project under construction

Typical: 18–30 months

Commercial Operation

Proposed COD: 2026-07-01

Cross-source intelligence
Beta
High confidence·4 sources·as of 2026-06-01
Expected COD
2026
Developer
Ferrovial
Recent ownership change
Status
IA Executed
IA Executed — construction phase, Ferrovial leading development with 2026 COD target
Financing
Secured
$72M acquisition by Ferrovial, closed May 2024
Ownership history
  1. 2024-05·Misae Solar IV LLC (original developer)Ferrovialsource
Key milestones
Groundbreaking2024

Construction began Q2 2024 per Ferrovial announcement

source
Ownership changeMay 2024

Ferrovial acquired 257-MWp Leon Solar Park for $72M, marking first US renewables investment

source
IA executedMay 21, 2024

Interconnection Agreement executed with ERCOT

source
COD target2026Most recent

Expected to start generating electricity in 2026, producing ~475 GWh/year

source
About

Leon Solar Park is a proposed 210.1 MW solar generation project located in Leon County, Texas. The developer is Misae Solar IV LLC. The project is in the ERCOT interconnection queue as entry ERCOT-26INR0023, with a queue entry date of September 15, 2022, and a proposed commercial operation date of July 1, 2026. The interconnection agreement was executed on May 21, 2024.

The point of interconnection is the Tap 138kV Grapeland Magnolia Tap (bus #3355) to Pleasant Springs POI (bus# 3357) section of the Jewett -Crockett 138kV Line. The project has been mentioned in 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

Leon

Grid Region

ERCOT (Texas)

Market

ISO/RTO Member

Developer

Misae Solar IV LLC

Utility

Entity

ERCOT

Service Type

Point of Interconnection

Tap 138kV Grapeland Magnolia Tap (bus #3355) to Pleasant Springs POI (bus# 3357) section of the Jewett -Crockett 138kV Line

Data Source

LBNL + Live

TransactionAcquisitionFerrovial · 2025-02-03
Deal value$72.0MFerrovial · 2025-02-03
OfftakerFerrovialFerrovial · 2025-02-03
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_SOUTH
Hub Confidence
MEDIUM
POI Substation
Crockett 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 2026-03-26

View all articles

No Ask reports yet for this entity.

Ask about Leon Solar Park
InfraSure platform

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