Mesa Power makes big order for GE turbines

May 16, 2008

Dallas-based Mesa Power, formed by Texas billionaire T. Boone Pickens, made a deal to order 667 wind turbines from Fairfield, Conn.'s General Electric (NYSE: GE) as part of the $2 billion first phase of a massive wind farm to be built in Texas.

Mesa said the turbines would be capable of generating 1,000 megawatts of electricity, enough to power more than 300,000 homes.

The company said the deal was the world's largest single-site wind turbine purchase order.

Mesa's four-phase Pampa Wind Project is set to be the world's largest wind farm, with more than 4,000 megawatts of electricity, enough for 1.3 million homes (see Wind power going strong down south).

"We have had a great response to this project," said Pickens. "We are making Pampa the wind capital of the world."

"It's clear that landowners and local officials understand the economic benefits that this renewable energy can bring not only to landowners who are involved with the project, but also in revitalizing an area that has struggled in recent years."

When complete, the Pampa Wind Project will cover approximately 400,000 acres in the Texas Panhandle. The area has some of the best wind in the nation, according to Pickens.

Mesa said GE would deliver the 1.5 MW turbines in 2010 and 2011.

The first phase of the wind farm is set to come online in 2011, with the entire project scheduled to be finished in 2014.


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