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Published: May 15, 2008
Maverick oilman Pickens puts $2B bet on Texas wind power
By Stephen Singer
HARTFORD, Conn. — Maverick oilman T. Boone Pickens ' plan for a mammoth wind farm in the Texas Panhandle is a $2 billion bet that Congress will extend a tax credit critical to the environmentally-friendly industry. Pickens' company, Mesa Power, is purchasing hundreds of wind turbines from General Electric Co. to create the Pampa Wind Project, which will eventually cover 400,000 acres and generate enough power for...
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