Over the past two decades, the leveraging of private-sector expertise and commercial capital has helped turn around Georgia's power sector from near-complete operational and financial collapse to a sector that provides secure, affordable, and reliable electricity services to Georgian customers....

Over the past two decades, the leveraging of private-sector expertise and commercial capital has helped turn around Georgia's power sector from near-complete operational and financial collapse to a sector that provides secure, affordable, and reliable electricity services to Georgian customers....

Given the chronic power shortages faced by numerous developing countries, and the need everywhere to keep pace with demand, understanding the drivers of public private partnerships (PPPs) in energy is critical. While many private electricity projects have been delayed and financing costs have...