T. Boone Pickens' Statement to NewsChannel 10

Amarillo, TX
NewsChannel 10

Tuesday NewsChannel 10 requested an interview with T. Boone Pickens to discuss his proposed wind farm in Roberts and Gray Counties. This week Pickens said he would no longer build, what was once proposed as, the world's largest wind farm.

Wednesday Pickens told NewsChannel 10:

"I am fully committed to wind energy and to developing wind projects in the US and perhaps, Canada.  The capital markets have dealt us all a setback and I'm less aggressive with the Panhandle project than I have been.  I'm committed to 667 wind turbines and I am going to find projects for them.  I had hoped that Pampa would be the starting point, but transmission issues and the problem with the capital markets make that unfeasible at this point.  I expect to continue development of the Pampa project, but not at the pace that I originally expected. "