PNM-IA-PNM-2020-04
400 MW hybrid in Bernalillo, NM · In queue since January 2020 · Proposed COD September 2023
400 MW
Capacity
1
Components
Solar
6y 6m
In Queue
IA Executed
IA Phase
Signed Jun 2023
Queue → IA
3y 5m
IA → COD
3 months
Total Duration
3y 5m
Schedule
35 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: 18–30 months
Proposed COD: 2023-09-01
PNM-IA-PNM-2020-04 is a proposed 400 MW hybrid solar and battery project located in Bernalillo County, New Mexico. The development project, which consists of 400 MW of solar power, is in the Public Service Company of New Mexico (PNM) interconnection queue, with an entry date of January 17, 2020. The proposed commercial operation date is September 1, 2023, and the Interconnection Agreement (IA) has been executed.
The point of interconnection (POI) for the project is the Bernalillo Solar West Mesa - Sandia 345 kV Line. The project is currently listed as active in the interconnection queue.
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
Bernalillo
Grid Region
Mountain West
Market
—
Developer
—
Utility
Public Service Company of New Mexico
Entity
PNM
Service Type
ERIS
Point of Interconnection
Bernalillo Solar West Mesa - Sandia 345 kV Line
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.
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Ask about Project PNM-IA-PNM-2020-04Forward forecasts, scenario decomposition, and risk-decision tooling for this queue project.