Project NVE-Company LM — Project Summary

Queue ID
NVE-Company LM
Capacity
230 MW
Technology
Geothermal
Status
active
Location
Lyon, NV
Region
West
Developer
IA Status
IA Executed

NVE-Company LM

NVE-Company LMBetaActiveGeothermalNVELBNL

230 MW generation in Lyon, NV · In queue since March 2021 · Proposed COD December 2029

BA: NEVPNERC: WECCRC: SPPW

230 MW

Capacity

1

Components

Geothermal

5y 4m

In Queue

IA Executed

IA Phase

COD target: 2029

Interconnection

Total Duration

8y 9m

Construction75%
Queue EntryMar 31, 2021

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: 2029-12-31

About

The NVE-Company LM development project is a proposed 230 MW geothermal generation facility located in Lyon County, Nevada. The project, sponsored by NV Energy (NVE), entered the NV Energy interconnection queue on March 31, 2021. Its proposed commercial operation date is December 31, 2029.

The project's interconnection status is currently listed as "suspended," and its Interconnection Agreement (IA) status is also "Suspended." 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

Lyon

Grid Region

Mountain West

Market

Developer

Utility

NV Energy

Entity

NVE

Service Type

NRIS/ERIS

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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InfraSure platform

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