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Letter to investors September 11, 2009

Posted by cleanidahoenergy in AEHI, China, Chinese nuclear energy, economic benefits, Elmore County, international, Investment news, nuclear industry.
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I sent a letter to investors recently. Keeping people informed about our company, its goals and status is an important to us.

September 9, 2009

Dear AEHI Stockholder,

First, let me thank you so much for your investment in AEHI. The company has several nuclear projects underway including our lead site in Idaho, as well as Colorado, a desalination reactor in Mexico and a Tar Sands reactor in Canada to remove trapped oil.

We also formed Energy Neutral, Inc last year to install wind, solar and geothermal heat pumps on homes and offices to eliminate energy bills. Currently, we plan to build our first energy free model home starting the first of October to demonstrate we can construct buildings with no power bills at essentially the same price as those with energy bills. This will help launch our first energy neutral subdivision. The Energy Neutral Trade Mark name is pending as well.

The Idaho reactor, Idaho Energy Complex, is in the process of seeking local approval and we expect it by year’s end. After the Elmore County site approval was delayed due to process problems, we began looking at other sites and now have three additional Idaho counties who are extremely interested in having our plant. A little competition is always healthy. In addition, we are reviewing state lands for potential sites. After two years of educating Idaho citizens along with support from the national media and key state leaders, we have no doubt that an approved site will happen in Idaho soon and we will be adding staff locally to accommodate. We have a funding commitment from Source Capital for the site.

In July, we opened an office in Beijing, China with some investors as AEHI China to facilitate joint ventures for nuclear components among other things and large institutional investors. With the support of the Chinese government nuclear officials, we have several companies who are interested in working with us. I now travel to China every couple of months to facilitate these deals. Also, we are in the process of negotiating on the price to bring the Korean advanced reactor, APR 1400, to the US. This reactor will be lower than the cost of the other reactors currently in the US market making us more than competitive with any new source of electricity in the country. As a backup, we have begun to talk with Mitsubishi Heavy Industries about their advanced reactor as well. Further, we have a large energy trust that is willing to loan us up to $5 billion for the plant construction phase.

Lastly, in lieu of going on the London Plus Exchange as mentioned in my last letter, we are starting the process for our first public stock offering (IPO) for later this year and a move to the American Stock Exchange. This will open the stock up to institutional and more international investors by the first quarter of 2010 allowing us to leave the penny stock category.

As you can see there is plenty of positive news in the making, we will publicly announce this information as it unfolds. If you would like some more AEHI stock or have qualified investor friends, the price is at its lowest from the company at 5 cents per share with no broker fee or volume limit like in the market. This offer will end October 31 when we file for our public offering. We doubt this price will ever be available again. Also, if you have an unrestricted investment 401K or any IRA you can transfer funds to AEHI stock as well.

Just send an e-mail to invest@aehipower.com or call 208-939-9311for more information and PPM, or you can just mail a check to AEHI if an existing investor. If you are an investor you can add to your holdings for as little as $1000 or any amount above that minimum. New investors need to review the PPM.

Again, thanks for your support as we try to help the country with jobs and clean, low cost energy that will also assist us with energy independence.

Best regards,

Don Gillispie

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Obama signals pro-nuke stance in Steven Chu pick January 20, 2009

Posted by cleanidahoenergy in balanced approach, Barack Obama, Global Nuclear Energy Partnership, international, nuclear industry, Politics and nuclear, President Obama, reprocessing, Steven Chu.
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I welcome President Obama to the leadership of the United States. While Obama has always been a supporter of nuclear power, his pick for Energy Secretary, Steven Chu, is especially encouraging.

On Jan. 13, Chu sat before the U.S. Senate Committee on Energy and Natural Resources and confirmed the Obama administration’s strong desire to push our country “towards energy independence, ” including a “continued commitment to nuclear power.”

Chu affirmed he was “supportive of the fact that the nuclear energy industry is, and should have to be, a part of our energy mix in this century.” Alluding to the Global Nuclear Energy Partnership, Chu said he’s “confident that the Department of Energy, perhaps in collaboration with other countries, can get a solution to the nuclear waste problem” and that reprocessing of used nuclear fuel “can be a part of that solution … certainly recycling is an option that we will be looking at very closely.”

Chu also told Senators that he supports the loan guarantee program to use $18.5 billion as security to encourage lending for low-carbon generation technology.

“Nuclear power, as I said before, is going to be an important part of our energy mix. It’s 20 percent of our electricity generation today, but it’s 70 percent of the carbon-free portion of electricity today and it is base-load. So I think it’s very important we push ahead.”

As I blogged previously, Obama also made a good pick in his National Security Advisor, James Jones, a retired Marine general and former president and CEO of the Institue for 21st Century Energy, an affiliate of the U.S. Chamber of Commerce. Jones advocates a comprehensive overhaul to U.S. energy policy in the name of national defense.

Our recent international trip December 2, 2008

Posted by cleanidahoenergy in AEHI, China, Chinese nuclear energy, Energy policy, international, nuclear industry, Politics and nuclear.
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Regardless of whether you’re a renewable, nuclear or coal developer, this is a tough time to get funding for a major project.

The Wall Street Journal reports that

“power companies across the U.S. are slashing capital budgets and canceling projects for clean electricity. Financing for new nuclear power plants appears shaky … Forging a new energy future by creating vast amounts of wind, solar and, possibly, nuclear energy is one of Mr. Obama’s highest priorities. But enacting that policy depends to a large degree on the ability of energy companies and utilities to finance the massive new investments that would be needed.”

Even energy developers that have utilities lined up to purchase power can’t get financing, according to the article.

We recently completed a three-week tour of China, Dubai and South Korea, to secure strategic partners for the company’s nuclear-renewable energy projects in Idaho, Colorado, Mexico and other pending international locations. Our initiative has taught us international investors understand the benefits of nuclear and the great profit potential for nuclear plants – more than $3 million a day in most cases, which will go higher if carbon trading becomes widespread. These investors know the U.S. has a fundamentally sound economy and has a great emand for stable, base-load electricity.

With the current financial situation in the U.S., we are fortunate to have an international reputation which allows us to obtain some funding outside of the U.S. AEHI’s internationally recognized senior nuclear executive team is highly regarded in the management of construction, operations and maintenance of commercial nuclear reactors.

There will always be investors on the lookout for power companies. We are optimistic that we have the necessary contacts internationally to find the required funds and/or strategic allies. For example, the company is considering opening an office in Beijing, China to facilitate several joint ventures.

To my left is Bo Song; father is founder of nuclear energy in China and one of the founders of the Communist Party (how far we have come!). Nan Shi, to my left, has relatives who tie to the last emperor of China.

To my right is Bo Song; his father is founder of nuclear energy in China and one of the founders of the Communist Party (how far we have come!). Nan Shi, to my left, has relatives who tie to the last emperor of China.