BRIEF-GAIA says in negotiations to buy interest in a wind project

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BRIEF-GAIA says in negotiations to buy interest in a wind project
Credit: © Reuters.

Aug 14 (Reuters) - GAIA INFRASTRUCTURE CAPITAL LTD GAIJ.J :

* IN EXCLUSIVE NEGOTIATIONS IN RELATION TO ACQUISITION OF ECONOMIC INTEREST IN A WIND PROJECT

* "IF SUCCESSFULLY CONCLUDED, ACQUISITION MAY HAVE A MATERIAL EFFECT ON PRICE OF COMPANY'S SECURITIES"

* "GAIA WILL INFORM SHAREHOLDERS OF DETAILED TERMS OF ACQUISITION AS SOON AS POSSIBLE"

* WIND PROJECT COMMISSIONED AS PART OF ROUND 1 OF SOUTH AFRICAN RENEWABLE ENERGY INDEPENDENT POWER PRODUCER PROCUREMENT PROGRAMME SOURCE TEXT FOR EIKON: ID:nJseN0002a FURTHER COMPANY COVERAGE: GAIJ.J

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