Pickens plan hit by transmission issues

Oil tycoon T. Boone Pickens is to shelve plans to build the world's largest wind farm in Texas and will funnel the resources into smaller projects instead.

Pickens, founder of hedge fund BP Capital, is to postpone further work on the 4,000 megawatt (MW) project in Pampa, Texas. In an email statement to Energy Risk, Pickens blamed both the current economic climate, as well as transmission issues, for the decision to stall the project. But he insisted that he remains committed to developing wind

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