April 4 (Reuters) - Solar Alliance Energy Inc SAN.V -
* Solar Alliance signs letter of intent for acquisition of U.S. Solar assets
* Solar Alliance Energy - as per loi, co will acquire seller's team of employees and acquire seller's pipeline of in-process residential solar projects
* Company anticipates that acquisition will materially increase revenues and net income at solar alliance
* Solar Alliance Energy - pursuant to loi, co will acquire seller's team of employees, acquire seller's pipeline of in-process residential solar projects
* Solar Alliance Energy Inc - in consideration for assets, Solar Alliance will pay up to us$2 million in contingent payments Source text for Eikon: ID:nCCN3NkJt2 Further company coverage: SAN.V