Project PNM-IA-PNM-2023-16 — Project Summary

Queue ID
PNM-IA-PNM-2023-16
Capacity
199 MW
Technology
Solar
Status
active
Location
Roosevelt, NM
Region
West
Developer
IA Status
Cluster Study

PNM-IA-PNM-2023-16

PNM-IA-PNM-2023-16BetaActiveSolarPNMLBNL

199 MW generation in Roosevelt, NM · In queue since September 2023 · Proposed COD February 2028

BA: PNMNERC: WECCRC: RCW

199 MW

Capacity

1

Components

Solar

2y 10m

In Queue

Cluster Study

IA Phase

COD target: 2028

Interconnection

Total Duration

4y 5m

Study Phase

TRANSITIONAL CLUSTER

Impact Study25%
Queue EntrySep 27, 2023

Interconnection request submitted to ISO/RTO

Interconnection StudyCurrent

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: 2028-02-01

About

The proposed project PNM-IA-PNM-2023-16 is a 199 MW solar generation project located in Roosevelt County, New Mexico. The project is being developed within the Public Service Company of New Mexico (PNM) service area.

The project is currently in the Public Service Company of New Mexico interconnection queue with an entry date of September 27, 2023. Its interconnection status is listed as "System Impact Study" with a proposed commercial operation date of February 1, 2028. The point of interconnection is the Blackwater 345 kV Station.

Generated from interconnection queue and public data sources

Development Risk

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.

Available on the InfraSure platform

See the full development-risk decomposition for this project.

P(COD by stated date)
Withdrawal probability vs cohort
IA cluster risk
Project Details

State

NM

County

Roosevelt

Grid Region

Mountain West

Market

Developer

Utility

Public Service Company of New Mexico

Entity

PNM

Service Type

Point of Interconnection

Blackwater 345 kV Station

Data Source

LBNL

Risk Analytics

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.

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 — 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.

Available on the InfraSure platform

See the full forecast + scenario decomposition for this project.

P50 conditioned on COD
Capacity factor vs cohort
Weather + policy scenarios
Financial Forecast

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.

Available on the InfraSure platform

See the full revenue + DSCR projection for this project.

Revenue conditioned on COD
Financing close risk
Cohort DSCR comparison
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 insights available for this project.

No Ask reports yet for this entity.

Ask about Project PNM-IA-PNM-2023-16
InfraSure platform

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