Brief: Solar Alliance Signs Agreement For First U.S. Operating Asset

Solar Alliance Energy

26/05/2021 12:05

May 26 (Reuters) - Solar Alliance Energy Inc  SOLR.V :
    * SOLAR ALLIANCE SIGNS AGREEMENT FOR FIRST U.S. OPERATING
ASSET
    * SOLAR ALLIANCE - SIGNED BINDING LETTER OF INTENT WITH
ABUNDANT
SOLAR POWER INC. TO BUILD, OWN, OPERATE A 350 KILOWATT SOLAR
PROJECT IN NEW YORK STATE
    * SOLAR ALLIANCE ENERGY INC - ANTICIPATES SIGNING AN
ENGINEERING,
PROCUREMENT AND CONSTRUCTION CONTRACT WITH ABUNDANT
    * SOLAR ALLIANCE ENERGY INC - CONSTRUCTION ON PROJECT IS
EXPECTED
TO COMMENCE THIS SUMMER AND IS ANTICIPATED TO BE IN OPERATION BY
END OF 2021
    * SOLAR ALLIANCE ENERGY INC - NET CAPITAL COST FOR PROJECT
WILL BE
FINANCED BY SOLAR ALLIANCE EITHER THROUGH EQUITY OR A
COMBINATION OF DEBT AND EQUITY

Source text for Eikon:  ID:nGNX4Ql09w 
Further company coverage:  SOLR.V 

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