The -FeSi 2 phase was fabricated using two different techniques: ion-beam synthesis and solid-state reaction of a thin Fe layer with Si substrate. The crystal structure of the films was investigated by grazing incident asymmetric x-ray diffraction. The generalized matrix method was used to obtain the dispersions of the absorption coefficient ␣(E) and of the refractive index n(E) from the experimental transmittance and reflectance spectra, accounting for the surface and interface roughness. From ␣(E) and n(E) dependences a direct band-gap energy, E g ϭ0.80 eV was determined. When interpreting quantitatively the ␣(E) dependences, the Burstein-Moss effect was considered.