PNM-IA-PNM-2015-01
29 MW generation in Do√±a Ana Cty, NM · In queue since July 2015 · Proposed COD November 2021
29 MW
Capacity
1
Components
Geothermal
11 years
In Queue
IA Executed
IA Phase
Signed Jul 2018
Queue → IA
3 years
IA → COD
3y 4m
Total Duration
3 years
Schedule
57 months past proposed COD
Interconnection request submitted to ISO/RTO
Project undergoes interconnection studies to assess grid impact.
Typical: 18–36 months
Interconnection agreement executed — binding commitment to build
Typical: 30–60 days (negotiation)
Project under construction
Typical: 12–36 months
Proposed COD: 2021-11-01
The proposed PNM-IA-PNM-2015-01 project is a 29 MW geothermal generation project located in Doa Ana County, New Mexico. The project is interconnected to the Public Service Company of New Mexico (PNM) via the Picacho Station. It is listed in the PNM interconnection queue with an entry date of July 28, 2015.
The project's proposed commercial operation date is November 1, 2021, and the interconnection agreement has been executed. The developer is listed as PNM.
Generated from interconnection queue and public data sources
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.
See the full development-risk decomposition for this project.
State
NM
County
Doña Ana Cty
Grid Region
Mountain West
Market
—
Developer
ORNI 24
Utility
Public Service Company of New Mexico
Entity
PNM
Service Type
NRIS
Data Source
LBNL
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.
See the full risk decomposition + scenarios for this project.
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.
See the full forecast + scenario decomposition for this project.
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.
See the full revenue + DSCR projection for this project.
- ISO / RTO
- MOUNTAIN_WEST
- Trading Hub
- FOURCORNERS
- 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.
No Ask reports yet for this entity.
Ask about Project PNM-IA-PNM-2015-01Forward forecasts, scenario decomposition, and risk-decision tooling for this queue project.
