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Isofoton to Start Building Dominican Republic Solar Energy Plant

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Aug. 14 (Bloomberg) -- Isofoton SA, a Spanish photovoltaic-panel maker, will begin construction next month on a $150 million solar plant in the Dominican Republic.

Isofoton signed an agreement with the government in the last week to sell power from the 50-megawatt project, which will be located 15 kilometers (9.3 miles) from the capital city of Santo Domingo, the Madrid-based company said today in a statement. Isofoton is part of the Affirma Group, according to its website.

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To contact the reporter on this story: Stephan Nielsen in Sao Paulo at snielsen8@bloomberg.net

To contact the editor responsible for this story: Tina Davis at tinadavis@bloomberg.net

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