Zinnia Storage (PNM-IA-PNM-2020-13) — Project Summary

Queue ID
PNM-IA-PNM-2020-13
Capacity
100 MW
Technology
Battery
Status
active
Location
Bernalillo, NM
Region
West
Developer
IA Status
IA Executed

Zinnia Storage

PNM-IA-PNM-2020-13BetaActiveBatteryPNMLBNL

100 MW storage in Bernalillo, NM · In queue since October 2020 · Proposed COD March 2023

BA: PNMNERC: WECCRC: RCW

100 MW

Capacity

1

Components

Battery

5y 9m

In Queue

IA Executed

IA Phase

COD target: 2023

Interconnection

Total Duration

2y 5m

Schedule

41 months past proposed COD

Construction75%
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 executed — binding commitment to build

Typical: 30–60 days (negotiation)

ConstructionCurrent

Project under construction

Typical: 6–18 months

Commercial Operation

Proposed COD: 2023-03-01

Cross-source intelligence
Beta
Low confidence·0 sources·as of 2026-06-01
Expected COD
Mar 2023
From queue filing
Developer
Status
IA Executed
IA Executed — proposed 2023 COD has passed with no operational confirmation or construction updates found
Financing
Unannounced
Key milestones
IA executedOct 14, 2020

Interconnection Agreement executed with PNM, queue entry date

COD targetMar 2023Most recent

Original proposed commercial operation date per LBNL queue

About

The Zinnia Storage project is a proposed 100 MW battery storage development in Bernalillo County, New Mexico. The project is located in the West region and is being managed within the Public Service Company of New Mexico (PNM) interconnection queue as project number PNM-IA-PNM-2020-13. The project entered the queue on October 14, 2020, and has a proposed commercial operation date of March 1, 2023. The interconnection agreement for the project has been executed.

The point of interconnection for the Zinnia Storage project is the Reeves Substation at 115 kV. The project consists of 100 MW of battery storage capacity.

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.

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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

Bernalillo

Grid Region

Mountain West

Market

Developer

Utility

Public Service Company of New Mexico

Entity

PNM

Service Type

ERIS

Point of Interconnection

Reeves Substation, 115 kV

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.