Feb 10 (Reuters) - Transeastern Power Trust TEP_u.V :
* Announces proposed acquisitions of hydro renewable energy projects
* Says entered into a letter of intent for the proposed acquisition of three
operational hydro projects totaling 3.65 mw
* Says purchase price of the hydro projects is C$7.5 million calculated on a
debt free basis
* Purchase price is payable as to 50% in cash and the remaining 50% in units of
trust at deemed issuance price of C$1.00 per unit
* Source text for Eikon ID:nMKWKy1Rsa
* Further company coverage TEP_u.V