Cider Solar (NYISO-811) — Project Summary

Queue ID
NYISO-811
Capacity
500 MW
Technology
Solar
Status
active
Location
Genesee, NY
Region
NYISO
Developer
Hecate Energy Cider Solar LLC
IA Status
System Impact Study

Cider Solar

NYISO-811BetaActiveSolarNYISOLBNL

500 MW generation in Genesee, NY · In queue since April 2019 · Proposed COD January 2027

BA: NYISISO/RTO: NYISONERC: NPCCRC: NYIS

500 MW

Capacity

1

Components

Solar

7y 3m

In Queue

System Impact Study

IA Phase

Signed Jan 2023

Status
Project statusUnder constructionecoportal.net · 2025-11-22
Latest milestonemajor construction began · 2023-06-03WGRZ · 2025-05-14
Expected CODQ4 2026WGRZ · 2025-05-14
Interconnection

Queue → IA

3y 9m

IA → COD

4 years

Total Duration

3y 9m

Construction25%
Queue EntryApr 3, 2019

Interconnection request submitted to ISO/RTO

TCS Study

NYISO transitioned to a Transitional Cluster Study (TCS) format in 2024.

Typical: >42 months (historical); ~24 months target

Interconnection AgreementJan 11, 2023

Interconnection agreement executed — binding commitment to build

Typical: 30–60 days (negotiation)

ConstructionCurrent

Project under construction

Typical: 12–24 months

Commercial Operation

Proposed COD: 2027-01-01

Cross-source intelligence
Beta
High confidence·4 sources·as of 2026-06-01
Expected COD
2027
From queue filing
Developer
Hecate Energy
Filed as Hecate Energy Cider Solar LLC
Status
Active
Active — construction began May 2025, project acquired by Greenbacker with financing secured
Financing
Secured
$440M construction financing closed February 2026, led by U.S. Bank and M&T Bank; ~$1B total acquisition by Greenbacker announced January 2025
Ownership history
  1. 2025-01·Hecate EnergyGreenbacker Renewable Energysource
Key milestones
IA executedJan 11, 2023

System Impact Study milestone reached per LBNL queue

source
Ownership changeJan 2025

Greenbacker Renewable Energy acquired project from Hecate Energy for ~$1B

source
GroundbreakingMay 2025

Major construction began in Genesee County

source
Financing closeFeb 2026Most recent

$440M construction financing closed with U.S. Bank and M&T Bank

source
Project lifecycle
as of 2025-11-22
PhaseConstructionPV Tech · 2025-01-30
OperationalNoecoportal.net · 2025-11-22
TechnologySolarecoportal.net · 2025-11-22
DeveloperGreenbacker Renewable Energy Company±WGRZ · 2025-05-14
Tax-equity partnerVoya Investment ManagementPV Tech · 2025-01-30
GroundbreakingAnnouncedecoportal.net · 2025-11-22
Permit decisionpendingThe Batavian · 2021-06-16
About

Cider Solar is a proposed 500 MW solar generation project located in Genesee County, New York. The developer is Hecate Energy Cider Solar LLC, and the interconnecting utility is NYPA. The project is in the NYISO interconnection queue as entry NYISO-811, with a queue entry date of April 3, 2019, and a proposed commercial operation date of January 1, 2027. Its interconnection status is currently at the System Impact Study phase.

The proposed project is linked to the existing Hecate Energy Cider Solar LLC operating plant (EIA ID 64163). Cider Solar has been the subject of recent news coverage, with 19 articles appearing in the press.

Generated from interconnection queue and public data sources

Development Risk

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.

Available on the InfraSure platform

See the full development-risk decomposition for this project.

P(COD by stated date)
Withdrawal probability vs cohort
IA cluster risk
Project Details

State

NY

County

Genesee

Grid Region

NYISO (New York)

Market

ISO/RTO Member

Developer

Hecate Energy Cider Solar LLC

Utility

NYPA

Entity

NYISO

Service Type

Point of Interconnection

Dysinger - New Rochester 345kV

Data Source

LBNL

DeveloperHecate Energy±PV Tech · 2025-01-30
TransactionProject financing±PV Tech · 2025-01-30
Deal value$440.0M±Yahoo Finance · 2026-02-28
OfftakerGreenbacker Renewable EnergyPV Tech · 2025-01-30
LenderU.S. Bank and M&T Bank±Yahoo Finance · 2026-02-28
Risk Analytics

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.

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 — 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.

Available on the InfraSure platform

See the full forecast + scenario decomposition for this project.

P50 conditioned on COD
Capacity factor vs cohort
Weather + policy scenarios
Financial Forecast

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.

Available on the InfraSure platform

See the full revenue + DSCR projection for this project.

Revenue conditioned on COD
Financing close risk
Cohort DSCR comparison
Market Context
Approximate
ISO / RTO
NYISO
Trading Hub
NYISO Zone B
Hub Confidence
MEDIUM
Nearest Node (Estimated)
323607
POI Substation
MILLSEAT___LFGE

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.

Insights & Articles (10)Beta

Last updated 2026-03-26

View all 10 articles
InfraSure platform

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