Roundup: AES, Freddie, Chindex and MiddleBrook

From staff and wire reports

*AES bought 49 percent of a wind farm owned by Guohua Energy Investment in China's Inner Mongolia region for $10 million to tap rising demand for renewable power in the world's second-largest energy consumer. The Guohua Hulunbeier Wind Farm, which started commercial operations in September, has a capacity of 49.5 megawatts, AES said.

*Freddie Mac is "unlikely" to raise an extra $5.5 billion in capital until after reporting second-quarter earnings next month, a spokeswoman said. Executives told investors in May that McLean-based Freddie Mac planned to secure the additional reserves by "mid-year," after registering their common stock with the Securities and Exchange Commission.

"We still feel the SEC process is going well and we believe we will make our mid-summer time frame," Freddie Mac spokeswoman Sharon McHale said. "Given how close we are to releasing our earnings, it's unlikely we would do the capital raise prior to the release of our 2Q earnings."

*Two stock movers:
Shares of Chindex International of Bethesda gained $2.39, or 17.1 percent, to $16.40 after it said the Chinese government approved the introduction of new products.
And shares of MiddleBrook Pharmaceuticals rebounded, gaining 63 cents, or 41.5 percent to $2.15. On Wednesday they fell 50 percent on news that the company was getting a $100 million investment and wouldn't be sold.

By Terri Rupar  |  July 3, 2008; 5:20 PM ET  | Category:  Roundup
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