Day Tradexchange Inc. (SYNJ)

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Tuesday, July 07, 2009

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HOUSTON — Plans for the world's largest wind farm in the Texas panhandle have been scrapped, energy baron T. Boone Pickens said Tuesday, and he's looking for a home for 687 giant wind turbines.

Pickens has already ordered the turbines, which can stand 400 feet tall — taller than most 30-story buildings.

"When I start receiving those turbines, I've got to ... like I said, my garage won't hold them," the legendary Texas oilman said. "They've got to go someplace."

Pickens' company Mesa Power ordered the turbines from General Electric Co. — a $2 billion investment — a little more than a year ago. Pickens said he has leases on about 200,000 acres in Texas that were planned for the project, and he might place some of the turbines there, but he's also looking for smaller wind projects to participate in. He said he's looking at potential sites in the Midwest and Canada.




Mr. Pickens will get creative with how he leases or sells these turbines. hes commited to the purchase, hes not backing out of the purchase so hes got alot of turbine coming to him in 2010. might just be a win win for him and synj