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Energy infrastructure AEI (AEI) IPO this week, $3.9bb mkt cap

|Includes: AEE, AEP, The AES Corporation (AES), ALE, CNP, D, DUK, EXC, FPL-OLD, LNT, SRE, TAC, XEL

AEI is scheduled to trade Friday, Oct 30,
$750mm IPO, $3.9bb market cap at $15, prince range mid-point

For the six months ended June 30, 2009 compared to June 30, 2008

. 20% revenue drop, some of it due to currency 3rd world currency devaluations vs the US dollar
.Gross profit increase to 24% from 21%, some of it due to lower fuel costs

. 58% profit increase (on a 20% revenue drop, quite unusual)

read more in IPO report