In 2010, 106 energy projects withprivate participation reached financial or contractualclosure in 28 low- and middle-income countries, involvinginvestment commitments of US$55.7 billion. In addition,energy projects implemented in 1990-2009 attracted newinvestment of US$14.2 billion, bringing total investmentcommitments to the energy sector to US$69.9 billion in 2010.Such level of activity represents a 4 percent drop byinvestment and a 25 percent decline by the number ofprojects from 2009. Private activity in energy remainedclose to a peak level in 2010. However, such activity washighly concentrated on a few countries. India aloneattracted 54 percent of investment in the sector and 34percent of new projects, and was the country that sustainedinvestment in energy close to a peak level. If India wereexcluded, investment in energy in developing countries wouldhave fallen by 50 percent in 2010 compared with 2009. Inaddition, the four top countries (adding Brazil, RussianFederation, and Turkey to the list) accounted for 77 percentof investment and 58 percent of new projects.By type ofbusiness, private activity remained highly concentrated onelectricity generation projects, which accounted for 75percent of investment and 82 percent of new projects in 2010.