T. Boone Pickens, a Texas oil billionaire, had plans to build one of the largest wind farms in Texas. However, now he has put a halt on those plans and is looking for the perfect location for a smaller, trial wind farm.
Mesa Power, owned by Pickens, canceled the order of 667 wind turbines from General Electric Co. and the 120 land leases. The plan was to generate 4,000 megawatts on 400,000 acres of land.
Pickens assured that the orders were not canceled forever, but rather delayed until the economy gets better.
The cost of the farm is slated at $8 billion, and instead Pickens is investing $2 billion in wind turbines that should be ready by 2011. Mesa’s plan is to find land to put the turbines on and Pickens suggested he is looking at land in Texas, Oklahoma, Wisconsin and Kansas.
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