Pin Peaking Energy Center 1 (TEF- Due Diligence) (ERCOT-26INR0049) — Project Summary

Queue ID
ERCOT-26INR0049
Capacity
228 MW
Technology
Gas
Status
active
Location
Freestone, TX
Region
ERCOT
Developer
PIN OAK CREEK ENERGY CENTER, LLC
IA Status
IA Executed

Pin Peaking Energy Center 1 (TEF- Due Diligence)

ERCOT-26INR0049BetaActiveGasERCOTLBNL

228 MW generation in Freestone, TX · In queue since April 2023 · Proposed COD May 2026

BA: ERCOISO/RTO: ERCOTNERC: TRERC: ERCOT

228 MW

Capacity

1

Components

Gas

3y 1m

In Queue

IA Executed

IA Phase

Signed May 2024

Interconnection

Queue → IA

1y 1m

IA → COD

2 years

Total Duration

1y 1m

Schedule

1 months past proposed COD

Construction75%
Queue EntryApr 19, 2023

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 30, 2024

Interconnection agreement executed — binding commitment to build

Typical: 30–60 days (negotiation)

ConstructionCurrent

Project under construction

Typical: 24–48 months

Commercial Operation

Proposed COD: 2026-05-01

About

The Calpine Freestone Peaker 1 (TEF -Due Diligence) project is a proposed 228 MW gas-fired generation project located in Freestone County, Texas. The developer is Freestone Power Generation, LLC. It is listed in the ERCOT interconnection queue as entry ERCOT-26INR0049, with a queue entry date of April 19, 2023, and a proposed commercial operation date of May 1, 2026.

The project's interconnection agreement (IA) has been executed as of May 30, 2024. The point of interconnection (POI) is the 3134 RICHLAND CHAMBERS 345kV (PSS/E Bus Name: RICHLND1_5) substation. The project is currently listed as active in the interconnection queue.

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

Freestone

Grid Region

ERCOT (Texas)

Market

ISO/RTO Member

Developer

PIN OAK CREEK ENERGY CENTER, LLC

Utility

Entity

ERCOT

Service Type

Point of Interconnection

3134 RICHLAND CHAMBERS 345kV (PSS/E Bus Name: RICHLND1_5)

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_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.

No news available for this project.
InfraSure platform

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