Pentstemon Solar
199 MW hybrid in Santa Fe, NM · In queue since July 2021 · Proposed COD December 2024
199 MW
Capacity
1
Components
Solar
5 years
In Queue
IA Executed
IA Phase
COD target: 2024
Total Duration
3y 5m
Schedule
20 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: 2024-12-01
Interconnection Agreement executed with PNM per LBNL queue status
The proposed Pentstemon Solar project is a 199 MW hybrid solar and battery energy storage development in Santa Fe County, New Mexico. The project consists of 199 MW of solar photovoltaic generation. It is located in the Public Service Company of New Mexico (PNM) service area within the Western interconnection region.
The project is listed in the PNM interconnection queue as entry PNM-IA-PNM-2021-06, with a queue entry date of July 9, 2021, and a proposed commercial operation date of December 1, 2024. The interconnection agreement (IA) for the project has been executed. The point of interconnection (POI) is Diamond Tail-Clines Corners. The developer is not specified in the data.
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
Santa Fe
Grid Region
Mountain West
Market
—
Developer
—
Utility
Public Service Company of New Mexico
Entity
PNM
Service Type
ERIS
Point of Interconnection
Diamond Tail-Clines Corners
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 Pentstemon SolarForward forecasts, scenario decomposition, and risk-decision tooling for this queue project.
