New Energy Project Will Be Even Larger than the Pickens Plan

September 16th, 2008 by Ariel Schwartz

Move over, T. Boone Pickens. You’re about to be overshadowed by Babcock and Brown.

Australian developer Babcock and Brown has announced that it is working on a 79.5 MW wind farm in the Texas Panhandle— but the company has much larger ambitions than a single farm. Majestic Wind Farm is only one part of a $1 billion effort company to build 567.5 MW of wind power throughout Texas, Wisconsin, and South Dakota. But there’s more.

Babcock and Brown’s current plans are part of an even bigger project in the Texas Panhandle Loop to create 8,000 MW of power from renewables, natural gas, and coal-fired plants. Companies including Airtricity, Celanese, and Occidental Energy Ventures will join Babcock and Brown in the massive effort.

Compare that to Pickens’ plan to install 4,000 MW of wind power in Texas—a staggering number in its own right. And lets not forget that Pickens is only one man, while the larger plan is part of a combined effort from multiple companies.

Babcock and Brown hasn’t announced a completion date for the 8,000 MW plan, but its Majestic Wind Farm will be up and running by the end of the year. Here’s hoping for an even bigger project to come along and steal Babcock and Brown’s thunder.

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