Deere Rides the Wind to Beat Boone

May 29th

Make no mistake. We're still swooning over T. Boone Pickens and his great Texas project (see the May 15th article), the largest wind energy project in the world. But on a smaller scale John Deere & Company (DE) is working to affect more communities across the country. As a result, more U.S. citizens will be able to spot the tall but small footprint wind energy mills across the country.

Two such projects have been completed in King City, and Rock Port, Missouri and soon in Kansas, City.

And just completed outside of Missouri this month is a utility-scale 52 or 53-megawatt project in Huron County, Michigan. One of the project partners and general contractors is a division of Alliant Energy (LNT) on which 32 wind turbines were erected. This project is also owned and developed by John Deere & Company (DE). Generally, the role of John Deere Wind Energy is that of both a debt and an equity investor. John Deere enters into agreements with local developers and landowners to facilitate the development and operation of wind energy projects.

So we hope that T. Boone Pickens is able to complete his worlds largest wind energy project soon. Meanwhile companies like John Deere are working to develop and complete smaller projects which will be seen around the country. This work increases employment and spurs the economies of the towns these projects are close to.

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