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Desertec Plans Power-Plant Deal With Algeria, Handelsblatt Says

Nov. 1 (Bloomberg) -- The Desertec Sahara solar venture expects to sign an agreement with Algeria next month to build a power plant in the North African country, Handelsblatt reported, citing an interview with the project manager.

The proposed plant would be Desertec’s third following plans for stations in Morocco and Tunisia, the newspaper said, citing Paul van Son, chief executive officer of Dii GmbH, Desertec’s Munich-based project-management company. No facilities have yet been built.

To contact the reporter on this story: Stefan Nicola in Berlin at snicola2@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net

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