Santo Domingo.- The AES Corp.'s Latin American power generation revenue grew to $1 billion, compared with $710 million in the same 2006 period, and includes a higher sales volume in the Dominican Republic.

However, AES said earnings were cut in half for the fourth quarter, primarily because of an impairment charge attributed to a generation plant in Brazil.

The company, which owns and operates power plants around the globe, reported earnings of $8 million for the quarter ended Dec. 31, or 1 cent per diluted share, compared with $15 million, or 2 cents per share, in the year-ago quarter.

The Arlington, Virginia-based AES said fourth-quarter revenue was $3.7 billion, up 25 percent from $2.9 billion in the same year ago quarter.