This Essay discusses privatization and financing developments in the Middle East power market. In the coming years, the power sector will experience unprecedented growth and investment due to the increasing demand for electricity throughout the region and the desire of governments to diversify their economies away from oil. This need for electricity has fueled the drive towards privatization and the growth of independent power projects (or "IPPs").
Loren Page Ambinder, Nimali de Silva, and John `. Dewar,
The Mirage Becomes Reality: Privatization and Project Finance Developments in the Middle East Power Market,
24 Fordham Int'l L.J. 1029
Available at: http://ir.lawnet.fordham.edu/ilj/vol24/iss4/1