Whereas co-opting of independent power producers has advanced in many countries to a tried-and-tested possibility for meeting the greatly increased demand for electric power, the retention of a private company for generating drinking water and electricity in dual-purpose seawater desalination and power plants has, up to now, been put into practice for just one actual case. This is the Taweelah A2 project, which was implemented in Abu Dhabi, United Arab Emirates. Taking this privatization project as an example, the preparation, procedure and implementation of such projects are given.