RNE 12.5% 0.9¢ renu energy limited

News: RNE Renu Energy says signs alliance agreement and term sheet with Vivopower

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    May 18 (Reuters) - Renu Energy Ltd (RNE) :

    • Renu signs alliance agreement and term sheet with Vivopower
    • Signed a five year alliance agreement with Vivopower to acquire solar pv projects in Australia
    • Renu Energy to purchase 600KW Amaroo Solar pv project, subject to final confirmatory due diligence, for purchase price of $2.38 million
    • Also signed a binding term sheet for co to purchase 600KW Amaroo Solar Pv project from Vivopower
 
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