Faribault Energy Park
393.6 MW generation in Rice, MN · In queue since August 2025 · Proposed COD July 2028
393.6 MW
Capacity
1
Components
Gas
9 months
In Queue
In Progress (unknown study)
IA Phase
Signed Nov 2025
Queue → IA
3 months
IA → COD
2y 8m
Total Duration
3 months
Study Phase
ERAS Study Cycle 1
Interconnection request submitted to ISO/RTO
MISO uses the Definitive Planning Phase (DPP) process with 3 study phases.
Typical: 30–40 months (historical); 12 months target
Interconnection agreement executed — binding commitment to build
Typical: 30–60 days (negotiation)
Project under construction
Typical: 24–48 months
Proposed COD: 2028-07-03
No description available for this project.
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
MN
County
Rice
Grid Region
MISO (Midcontinent)
Market
ISO/RTO Member
Developer
MMPA (Minnesota Municipal Power Agency)
Utility
MMPA (Minnesota Municipal Power Agency)
Entity
MISO
Service Type
NRIS
Point of Interconnection
Fairbault Energy Park
Data Source
LBNL
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.
No Ask reports yet for this entity.
Ask about Faribault Energy ParkForward forecasts, scenario decomposition, and risk-decision tooling for this queue project.
