International Power Institute quarterly report, October--December 1997

The International Power Institute (IPI) held a meeting in Washington, DC, on July 30, 1997, to plan the future strategy and activities for IPI. This meeting was attended by the staff of the IPI, the Morehouse College Provost, Department of Energy officials and energy sector representatives. There were a total of 13 people attending this meeting that focused the country/regional focus of IPI and how best to achieve private sector participation in IPI activities. Based on the discussions held, it was decided that South Africa and Mexico would be the countries of initial principal focus for IPI, given the Institute`s staff`s expertise and the attractiveness of these markets for US investors in energy sector projects. In addition, the meeting concluded that the proposed fundraising program presented during the meeting should be revised and made more product oriented and other methods for private sector financing should be explored