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BRIEF-Solar Alliance sees Aries Solar deal to increase revenues, net income
2017年7月10日 / 上午10点32分 / 2 个月前

BRIEF-Solar Alliance sees Aries Solar deal to increase revenues, net income

July 10 (Reuters) - Solar Alliance Energy Inc:

* Solar Alliance Energy Inc - ‍company anticipates this acquisition will materially increase revenues and net income at Solar Alliance​

* Solar Alliance Energy Inc - ‍further details regarding acquisition will be announced when a definitive transaction agreement is reached​

* Solar Alliance Energy Inc - under terms of LoI, purchase price for 100% of Aries Solar, Llc is a contingent payment of us $1 mln

* Solar Alliance Energy - co to allocate 20% of net income from Aries project pipeline to Thompson Machinery until contingent payment is fulfilled Source text for Eikon: Further company coverage:

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