Project NVE-Company KI — Project Summary

Queue ID
NVE-Company KI
Capacity
38.5 MW
Technology
Geothermal
Status
active
Location
Washoe, NV
Region
West
Developer
IA Status
IA Executed

NVE-Company KI

NVE-Company KIBetaActiveGeothermalNVELBNL

38.5 MW generation in Washoe, NV · In queue since February 2020 · Proposed COD May 2025

BA: NEVPNERC: WECCRC: SPPW

38.5 MW

Capacity

1

Components

Geothermal

6y 5m

In Queue

IA Executed

IA Phase

COD target: 2025

Interconnection

Total Duration

5y 3m

Schedule

14 months past proposed COD

Construction75%
Queue EntryFeb 28, 2020

Interconnection request submitted to ISO/RTO

Interconnection Study

Project undergoes interconnection studies to assess grid impact.

Typical: 18–36 months

Interconnection Agreement

Interconnection agreement executed — binding commitment to build

Typical: 30–60 days (negotiation)

ConstructionCurrent

Project under construction

Typical: 12–36 months

Commercial Operation

Proposed COD: 2025-05-01

About

The NVE-Company KI development project is a proposed 38.5 MW geothermal generation facility located in Lyon County, Nevada. The project is being developed by NVE and is interconnected with NV Energy. It entered the NV Energy interconnection queue on February 28, 2020, and has a proposed commercial operation date of May 1, 2025. The project's Interconnection Agreement (IA) has been executed.

The project consists of 38.5 MW of geothermal capacity. It is currently listed as active in the interconnection queue. The project has appeared 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

NV

County

Washoe

Grid Region

Mountain West

Market

Developer

Utility

NV Energy

Entity

NVE

Service Type

NRIS

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
MOUNTAIN_WEST
Trading Hub
PALOVERDE
Hub Confidence
UNKNOWN

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.