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He's Like The Wind

Sorry for the incomprehensible and unnecessary Patrick Swayze reference. Now on to the story.

Billionaire oilman T. Boone Pickens is sinking billions of dollars into a new wind farm in Texas. It is likely to become the biggest in the world, producing enough power for the equivalent of 1.3 million homes.

To break it down point-form-style…

  • Oil billionaire T. Boone Pickens planning 4,000-megawatt wind farm

  • Power will tie to Electric Reliability Council of Texas transmission lines, says Pickens

  • He will put the turbines on other people’s land. A turbine will generate around $20,000 a year in royalties, says Pickens

Read a CNN interview with Pickens here.



 
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