IPIA is a newly established trade association formed from a revival of the highly effective International Private Energy Association (IPEA) of the 90’s and as a complement to the International Private Water Association (IPWA). The impetus for forming IPIA is the $60 billion plus decline since 1997 in annual private capital invested in developing economy infrastructure
infrastructure investment, contingency fund, sovereign guarantee, payment guarantee, payment insurance, payment contingency fund, emerging economy finance
 
   
IPIA was formed in February 2004, as a revival of the highly effective International Private Energy Association (IPEA) of the 1990’s. The impetus for forming IPIA is to address the $60 billion global decline since 1997 in annual private capital invested in developing economy infrastructure.

During the past year, IPIA’s team of leading project finance attorneys, consultants and investment bankers have analyzed the causes and studied proposed solutions. The IPIA Payment Contingency Fund (PCF) concept resulted from this process. IPIA believes PCF offers potential to reverse the declining trend in emerging economy private infrastructure by guaranteeing debt servicing and continuing operations in the event of nonpayment in full under the offtaker agreements.

IPIA manages the structuring, establishment, capitalization, and administration of country wide and project based Payment Contingency Funds to enable financing of infrastructure projects in developing economies.