Risk Grade
Poor
Grade C: No active moratorium as of Apr 2026 but trajectory is worsening. Tax abatement denied (2024), leading project developer (Parliament Energy) killed Middlebrook; remaining Banita Creek project (316+ MW) faces organized community opposition (Protect Our PineyWoods, 300+ members, Feb 2026 town hall with 200+ objectors). County Judge hostile to solar economic incentives. SB 819 (2025) removes remaining incentive tools. Formal moratorium would trigger F downgrade — monitor closely. East Texas Piney Woods terrain adds site constraint vs. flat TX counties.