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Local August 11, 2014 | 4:09 pm

Dominican Republic looks to rid US$1.44B energy ‘leech’

Santo Domingo.- Dominican Republic’s State-owned Electric Utility (CDEEE) has hired a law firm aimed at canceling the contract with the San Pedro power company (CESPM), formerly Cogentrix, in a decision through which the authorities seek to put an end to paying at least US$4.8 million (RD$208 million) to that company each month regardless if operational or not.

Quoting Government sourc... Read more

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