Magnet Storage
426.7 MW generation in Borden, TX · In queue since July 2025 · Proposed COD July 2029
426.7 MW
Capacity
1
Components
Battery
1 year
In Queue
Facility Study
IA Phase
COD target: 2029
Total Duration
4 years
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 not yet executed
Typical: 30–60 days (negotiation)
Proposed COD: 2029-07-15
Entered ERCOT queue for interconnection study
The Magnet Storage project is a proposed 426.7 MW hybrid battery energy storage project located in Borden County, Texas. Developed by HyFuels Big Spring LLC, the project consists of battery energy storage and other unspecified technologies. It is currently active in the ERCOT interconnection queue as entry ERCOT-28INR0298, with a queue entry date of July 29, 2025, and a proposed commercial operation date of July 15, 2029.
The point of interconnection for the Magnet Storage project is the Faraday 345 kV Substation (#59905). The project has appeared in recent news coverage regarding energy storage development in Texas.
Generated from interconnection queue and public data sources
Realization risk before commercial operation — cluster-study clearance, IA timing, counterparty mix, and withdrawal probability vs cohort. The diligence view that determines whether this project is worth pursuing. 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 LLC
Utility
—
Entity
ERCOT
Service Type
—
Point of Interconnection
Faraday 345 kV Substation (#59905)
Data Source
LBNL + Live
Composite operating-phase risk view — what this asset's risk profile would look like once it reaches commercial operation. 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 — what this project would produce assuming it reaches commercial operation. Probabilistic ranges (P10/P50/P90) across weather, demand, and policy scenarios, conditioned on the proposed COD. 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. The bankability view that determines whether the deal clears its covenants once online. 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.
Forward forecasts, scenario decomposition, and risk-decision tooling for this queue project.
