Jackson Generation

PJM-AD2-194BetaActiveGasPJMLBNL + Live

120 MW generation in Will, IL · In queue since March 2018 · Proposed COD January 2027

BA: PJMISO/RTO: PJMNERC: RFCRC: MISO

120 MW

Capacity

Components

Gas

8y 4m

In Queue

IA Executed

IA Phase

COD target: 2027

Status

as of 21 months ago

Project statusOperationalPower Engineering · 2022-05-05

Latest milestonefirst power · 2022-05-24POWER Magazine · 2024-10-01

Expected COD2022Power Engineering · 2020-09-14

Interconnection

Total Duration

8y 10m

Construction75%

Queue EntryMar 31, 2018

Interconnection request submitted to ISO/RTO

System Impact Study

PJM processes interconnection requests through multi-phase System Impact Studies (SIS).

Typical: ~48 months (historically longest)

Interconnection Agreement

Interconnection agreement executed — binding commitment to build

Typical: 30–60 days (negotiation)

ConstructionCurrent

Project under construction

Typical: 24–48 months

Commercial Operation

Proposed COD: 2027-01-01

Cross-source intelligence

Beta

High confidence·4 sources·as of 2026-06-01

Expected COD

2022-05-24

Queue date 3+ years staleQueue: 2027-01-01

Developer

Gulf Energy Development Public Co.

Recent ownership change

Status

Online

Online — plant achieved commercial operation in May 2022 and was subsequently sold to Gulf Energy Development

Financing

Secured

Project financing was secured for construction; EPC contract awarded to Kiewit Power Constructors Co. in 2022

Ownership history

2022-09·J-POWER USA Development Co. Ltd.→Gulf Energy Development Public Co.source

Key milestones

IA executed2018

Interconnection Agreement executed with PJM (LBNL confirms IA Executed status)

source

Groundbreaking2022

Construction by Kiewit Power Constructors Co. with Mitsubishi M501JAC turbines

source

COD targetMay 24, 2022

First power achieved, commercial operation date

source

Ownership changeSep 2022Most recent

Gulf Energy Development Public Co. acquired stake from J-POWER USA

source

Project lifecycle

as of 2024-10-01

PhaseOnlinePOWER Magazine · 2024-10-01

Phase history

2019-07Construction2024-10Online

OperationalYes±POWER Magazine · 2024-10-01

TechnologygasPOWER Magazine · 2024-10-01

DeveloperJ-POWER USA±POWER Magazine · 2024-10-01

GroundbreakingAnnouncedNS Energy · 2019-07-09

COD achievedReportedPOWER Magazine · 2024-10-01

About

Jackson Generation is a proposed 120 MW natural gas generation project located in Will County, Illinois. The development project is interconnected to the ComEd utility network and participates in the PJM Interconnection queue as entry PJM-AD2-194, with a queue entry date of March 31, 2018. The project's proposed commercial operation date is January 1, 2027, and the Interconnection Agreement (IA) has been executed.

The Jackson Generation project has been the subject of recent news coverage, with 14 articles published across industry, regulatory, deals, grid, and development categories.

Generated from interconnection queue and public data sources

PJM Queue

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

County

Will

Grid Region

PJM Interconnection

Market

ISO/RTO Member

Developer

—

Utility

ComEd

Entity

PJM

Service Type

NRIS

Point of Interconnection

Elwood 345 kV

Data Source

LBNL + Live

DeveloperJ-POWER USA Development Co. Ltd.±POWER Magazine · 2024-10-01

EPC contractorKiewit Power Constructors Co.Mitsubishi Power · 2022-05-24

TransactionDivestiturePower Engineering · 2022-09-12

OfftakerGulf Energy Development Public Co.Power Engineering · 2022-09-12

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: PJM
Trading Hub: N ILLINOIS HUB
Hub Confidence: HIGH
Nearest Node (Estimated): 929 JACK22 KV GEN1
POI Substation: Elwood 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.

Insights & Articles (6)Beta

Last updated 2026-03-26

View all 6 articles

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InfraSure platform

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

Jackson Generation (PJM-AD2-194) — Project Summary

Jackson Generation