Friday, January 20, 2006

110 megawatts wind energy for Puerto Plata

Dominican Today: "January, 13 - 8:02 AM

110 megawatts wind energy for Puerto Plata

Santo Domingo.- The US firm, Jasper Caribbean Energy is about to initiate construction of a project that is to supply 110 megawatts of alternative eolic energy, to be installed in Imbert, Puerto Plata.
This is a US$150 million investment that comes to fruition after six years of negotiations with the energy firm.
Jasper Caribbean Energy is represented in the country by the law firm of Enrique de Marchena, Kaluche who said that the project was an initiative during the first administration of Radhames Segura in the Dominican Energy Consortium.
State warrants were obtained during Hipolito Mejia�s presidency and since been approved by the National Congress. In the next two weeks, certain changes will be made to the contract, including readjustments to costs.
The project could be launched in six months.
De Marchena clarified that he is not an investor in the project, but that he is only a legal representative."