PNM-IA-PNM-2021-16
150 MW storage in Sandoval, NM · In queue since July 2021 · Proposed COD July 2024
150 MW
Capacity
1
Components
Battery
5 years
In Queue
IA Executed
IA Phase
COD target: 2024
Total Duration
3 years
Schedule
25 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: 6–18 months
Proposed COD: 2024-07-01
Interconnection Agreement executed with PNM (inferred from LBNL ia_status)
The proposed energy storage project PNM-IA-PNM-2021-16 is a 150 MW battery energy storage system (BESS) located in Sandoval County, New Mexico. The project is being developed by EsVolta Development and is interconnected to the Public Service Company of New Mexico (PNM) via the Rio Puerco 115kV Substation.
The project is in the PNM interconnection queue with an entry date of July 9, 2021. The proposed commercial operation date is July 1, 2024, and the Interconnection Agreement (IA) has been executed. The project has appeared in recent news.
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
Sandoval
Grid Region
Mountain West
Market
—
Developer
EsVolta Development
Utility
Public Service Company of New Mexico
Entity
PNM
Service Type
ERIS
Point of Interconnection
Rio Puerco 115kV Substation
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.
No Ask reports yet for this entity.
Ask about Project PNM-IA-PNM-2021-16Forward forecasts, scenario decomposition, and risk-decision tooling for this queue project.
