Ambrosia Solar (PNM-IA-PNM-2020-11) — Project Summary

Queue ID
PNM-IA-PNM-2020-11
Capacity
90 MW
Technology
Solar+Battery
Status
suspended
Location
Mckinley, NM
Region
West
Developer
Ambrosia Solar
IA Status
Suspended

Ambrosia Solar

PNM-IA-PNM-2020-11BetaSuspendedSolarBatteryPNMLBNL

90 MW hybrid in Mckinley, NM · In queue since October 2020 · Proposed COD May 2023

BA: PNMNERC: WECCRC: RCW

90 MW

Capacity

1

Components

Solar

5y 7m

In Queue

Suspended

IA Phase

COD target: 2023

Interconnection

Total Duration

2y 7m

Suspended38%
Queue EntryOct 14, 2020

Interconnection request submitted to ISO/RTO

Interconnection Study

Project undergoes interconnection studies to assess grid impact.

Typical: 18–36 months

Interconnection Agreement

Interconnection agreement not yet executed

Typical: 30–60 days (negotiation)

Commercial Operation

Proposed COD: 2023-05-01

About

The proposed project PNM-IA-PNM-2020-11 is a 90 MW hybrid solar and battery energy storage development in McKinley County, New Mexico. The project, under development by Ambrosia Solar, consists of 90 MW of solar capacity. It is located close to the Ambrosia Lake 115 kV Substation.

The project is in the Public Service Company of New Mexico (PNM) interconnection queue, with an original queue entry date of October 14, 2020, and a proposed commercial operation date of May 1, 2023. Its interconnection agreement (IA) status is currently listed as suspended. The project has appeared in recent news coverage.

Generated from interconnection queue and public data sources

Development Risk

Realization risk through commissioning — schedule slippage, construction cost overrun, and COD probability vs the stated window. The diligence view that determines whether the project comes online when promised. Powered by InfraSure's development-stage modeling stack.

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See the full development-risk decomposition for this project.

P(COD within window)
Cost overrun probability
Schedule slippage vs plan
Project Details

State

NM

County

Mckinley

Grid Region

Mountain West

Market

Developer

Ambrosia Solar

Utility

Public Service Company of New Mexico

Entity

PNM

Service Type

ERIS

Point of Interconnection

Close to Ambrosia Lake 115 kV Substation

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 curtailment risk decomposed by congestion zone and ranges (P10/P50/P90) across weather, demand, and policy scenarios. Powered by InfraSure's generation modeling stack.

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See the full forecast + scenario decomposition for this project.

10-year P50 forecast
Curtailment risk by node
Weather + policy scenarios
Financial Forecast

Forward revenue, first-year DSCR, and construction cost overrun exposure — what determines whether the deal clears its covenants once online. Projected across price, demand, and policy scenarios. Powered by InfraSure's asset cashflow stack.

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See the full revenue + DSCR projection for this project.

First-year DSCR
Cost overrun probability
Price + demand scenarios
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.

No news available for this project.

No Ask reports yet for this entity.

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InfraSure platform

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