NMRD Data Center IV (PNM-IA-PNM-2017-10) — Project Summary

Queue ID
PNM-IA-PNM-2017-10
Capacity
140 MW
Technology
Solar
Status
active
Location
Sandoval, NM
Region
West
Developer
IA Status
IA Executed

NMRD Data Center IV

PNM-IA-PNM-2017-10BetaActiveSolarPNMLBNL

140 MW generation in Sandoval, NM · In queue since January 2017 · Proposed COD November 2022

BA: PNMNERC: WECCRC: RCW

140 MW

Capacity

1

Components

Solar

9y 6m

In Queue

IA Executed

IA Phase

Signed Dec 2019

Interconnection

Queue → IA

2y 11m

IA → COD

2y 11m

Total Duration

2y 11m

Schedule

45 months past proposed COD

Construction75%
Queue EntryJan 31, 2017

Interconnection request submitted to ISO/RTO

Interconnection Study

Project undergoes interconnection studies to assess grid impact.

Typical: 18–36 months

Interconnection AgreementDec 30, 2019

Interconnection agreement executed — binding commitment to build

Typical: 30–60 days (negotiation)

ConstructionCurrent

Project under construction

Typical: 12–24 months

Commercial Operation

Proposed COD: 2022-11-01

Cross-source intelligence
Beta
Low confidence·0 sources·as of 2026-06-01
Expected COD
Nov 2022
From queue filing
Developer
Status
Active
Active — IA executed December 2019, but proposed 2022 COD has passed with no construction or operational evidence
Financing
Unannounced
Key milestones
IA executedDec 30, 2019Most recent

Interconnection Agreement executed with PNM

About

The NMRD Data Center IV project is a proposed 140 MW solar generation project located in Sandoval County, New Mexico. Interconnecting to the Public Service Company of New Mexico (PNM) grid at the Rio Puerco Station, the project entered the PNM interconnection queue as queue ID PNM-IA-PNM-2017-10 on January 31, 2017. The proposed commercial operation date was November 1, 2022, and the Interconnection Agreement (IA) has been executed.

The development project has been featured 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

NM

County

Sandoval

Grid Region

Mountain West

Market

Developer

Utility

Public Service Company of New Mexico

Entity

PNM

Service Type

NRIS

Point of Interconnection

Rio Puerco Station

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
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.

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