fw csfb independent power weekly issue 35 original message stein neil mailto neil stein csfb com sent monday july 16 2001 8 00 undisclosed recipients subject csfb independent power weekly issue 35 good morning attached please find latest issue independent power weekly summary 1 ipps fall 1 9 last week ipp composite fell 1 9 underperforming nasdaq 4 0 2 ferc settlement conference adjourned july 9 july 12 presiding alj issued recommendation favorable generators 3 july 12 us bankruptcy court approved calpine settlement pg 4 july 10 nrg energy announced would acquire 2 255 mw portfolio indeck 3 latin america pressuring aes earnings likelihood downside 2001 eps estimate aes corp 1 89 increased materially believe ongoing currency weakness combined power rationing potential negatively impact 2001 eps 0 25 0 30 versus prior expectations stand alone basis management indicated mid may could offset weakness brazil currency materially depreciated since time shows signs improvement near term aes second quarter earnings conference call take place july 26 following call adjust 2001 estimate accordingly unless management indicates remains positioned offset items upside parts business 4 ferc alj issues report thursday 7 12 curtis wagner administrative law judge presided recent settlement conference issued report presenting findings recommendations next steps overall report much consistent expectations wagner notes refunds due generators argues 8 9 billion demanded state california substantiated believe calpine mirant offer greatest downside protection issue 5 csfb power generation supply chain conference september 10 11 csfb host power generation supply chain conference plaza hotel new york city event designed provide investors wholistic perspective aspects sector coal natural gas companies equipment construction service providers power producers please contact us would like additional information regards neil stein 212 325 4217 bryan sifert 212 325 3906 message named person use may contain confidential proprietary legally privileged information confidentiality privilege waived lost mistransmission receive message error please immediately delete copies system destroy hard copies notify sender must directly indirectly use disclose distribute print copy part message intended recipient credit suisse group subsidiaries reserve right monitor e mail communications networks views expressed message individual sender except message states otherwise sender authorised state views entity unless otherwise stated pricing information given message indicative subject change constitute offer deal price quoted reference terms executed transactions treated preliminary subject formal written confirmation