July 11 (Reuters) - Solar Alliance Energy Inc SAN.V :
* 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: ID:nMKW2lC1Ha Further company coverage: SAN.V