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Pickens Places Big GE Wind-Turbine Order

Stock quotes in this article: GE , CLNE , BRK.A , TRN , BWEN , KDN  

Mesa Power, a company run by well-known energy investor T. Boone Pickens, has ordered nearly 700 wind turbines from GE (GE Quote) as part of its plans for a giant wind farm in Texas.

The company placed a $2 billion order for 667 turbines for the Pampa Wind Project, which will ultimately provide more than 4,000 megawatts of electricity, or enough for more than 1 million homes. The project will be completed in four phases.

Mesa will start getting the turbines in 2010 and 2011. ...

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