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BRIEF-Solar Alliance provides additional information on Tennessee acquisition LOI
July 11, 2017 / 10:08 AM / 2 months ago

BRIEF-Solar Alliance provides additional information on Tennessee acquisition LOI

July 11 (Reuters) - Solar Alliance Energy Inc:

* Solar Alliance provides additional information on Tennessee acquisition LOI

* Solar Alliance Energy - pursuant to LOI, announced July 10, 2017, co will acquire all of assets of aries, including pipeline of commercial projects

* Solar Alliance Energy - anticipates projects in pipeline be financed through variety of third party mechanisms, for equipment, other costs of goods

* Solar Alliance Energy Inc - will be required to cover payroll costs associated with new aries team once acquisition is complete

* Solar Alliance Energy Inc - does not anticipate a material funding requirement to move projects through various development stages to installation Source text for Eikon: Further company coverage:

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