Magnet Solar
503.09 MW hybrid in Borden, TX · In queue since April 2025 · Proposed COD October 2028
503.09 MW
Capacity
1
Components
Solar
1y 3m
In Queue
IA Executed
IA Phase
Signed Dec 2025
Queue → IA
8 months
IA → COD
2y 10m
Total Duration
8 months
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: 2028-10-06
The Magnet Solar project is a proposed 503.09 MW solar generation facility in Borden County, Texas. The project, developed by HyFuels Big Spring Solar LLC, is interconnected within the ERCOT region under queue ID ERCOT-28INR0297. The project entered the interconnection queue on April 21, 2025, and has a proposed commercial operation date of October 6, 2028. An Interconnection Agreement (IA) was executed on December 11, 2025.
The point of interconnection (POI) for the project is the Faraday Substation 345kV - Bus #59905. The Magnet Solar project has been the subject of recent news coverage, with three articles categorized as industry news and regulatory matters.
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
Borden
Grid Region
ERCOT (Texas)
Market
ISO/RTO Member
Developer
HyFuels Big Spring Solar LLC
Utility
—
Entity
ERCOT
Service Type
—
Point of Interconnection
Faraday Substation 345kV - Bus #59905
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_WEST
- Hub Confidence
- MEDIUM
- POI Substation
- Faraday 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.
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Forward forecasts, scenario decomposition, and risk-decision tooling for this queue project.
