PNM-IA-PNM-2022-03
100 MW hybrid in Santa Fe, NM · In queue since April 2022 · Proposed COD March 2025
100 MW
Capacity
1
Components
Solar
4y 3m
In Queue
Cluster Study
IA Phase
COD target: 2025
Total Duration
2y 11m
Schedule
17 months past proposed COD
Study Phase
TRANSITIONAL CLUSTER
Interconnection request submitted to ISO/RTO
Project undergoes interconnection studies to assess grid impact.
Typical: 18–36 months
Interconnection agreement not yet executed
Typical: 30–60 days (negotiation)
Proposed COD: 2025-03-01
The proposed project, identified as PNM-IA-PNM-2022-03, is a 100 MW solar generation project located in Santa Fe County, New Mexico. The project is being developed within the Public Service Company of New Mexico (PNM) service area and has an interconnection point on the 115 KV Line from Britton to Algodones.
The project entered the PNM interconnection queue on April 4, 2022, with a proposed commercial operation date of March 1, 2025. Its interconnection status is currently in the System Impact Study phase. The project has appeared in recent news coverage regarding renewable energy development in New Mexico.
Generated from interconnection queue and public data sources
Realization risk before commercial operation — cluster-study clearance, IA timing, counterparty mix, and withdrawal probability vs cohort. The diligence view that determines whether this project is worth pursuing. 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
NRIS
Point of Interconnection
115 KV Line Britton-to-Algodones
Data Source
LBNL
Composite operating-phase risk view — what this asset's risk profile would look like once it reaches commercial operation. 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 — what this project would produce assuming it reaches commercial operation. Probabilistic ranges (P10/P50/P90) across weather, demand, and policy scenarios, conditioned on the proposed COD. 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. The bankability view that determines whether the deal clears its covenants once online. 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-2022-03Forward forecasts, scenario decomposition, and risk-decision tooling for this queue project.
