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DELENOVA ENERGY’S SENIOR PARTNER SLATED AS SPEAKER AT THE WORLD BANK’S MIDDLE EAST & NORTH AFRICA REGION WORKSHOP ON IRAQ’S INFRASTRUCTURE REGULATION

FOR IMMEDIATE RELEASE:
August 01, 2004

For more information contact: Dr. Nedal Deeb (703) 934-6135

GRANADA, SPAIN – Delenova Energy’s Senior Partner, Nedal Deeb, will be a speaker at the upcoming World Bank’s Middle East & North Africa Region Workshop on Infrastructure Regulation on August 4, 2004. Dr. Deeb is a co-founder of Delenova Energy and responsible for Delenova Energy’s Middle Eastern and North African power generation project developments. Dr. Deeb will address workshop attendees on Wednesday, August 4 from 9:00am to 10:15am on Iraq’s current and future electricity sector, and from 11:30am to 12:30am on private sector participation in rebuilding Iraq’s electricity system. The World Bank’s Workshop on Infrastructure Regulation will be held from August 2 through August 6 in Granada, Spain.

The workshop will concentrate on building effective planning and implementation abilities in stakeholders involved in Iraq’s reconstruction activities. Mid to high-level officials from multiple Iraqi ministries will attend the workshop. The workshop will aim to help the Iraqi administration to build the necessary institutional capacity and regulatory framework to undertake challenging reconstruction tasks.

Dr. Deeb, a co-founder and Senior Partner of Delenova Energy, has more than fifteen years of experience in the energy industry that includes the development of strategic investment opportunities in worldwide generation, transmission and distribution systems. His understanding of electric network reliability and security as well as power industry demand, supply and pricing fundamentals have made him uniquely qualified to identify financially viable generation, transmission and distribution investment and development opportunities.

Delenova Energy, LLC is a private U.S. project development company with offices in Virginia and Massachusetts that delivers clean, efficient and reliable power supply solutions around the world. Delenova Energy’s portfolio includes developments of advanced combined cycle natural gas-fired power plants, integrated gasification combined cycled facilities, utility-scale wind energy projects, and biomass electricity generating solutions.

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