March 8 (Reuters) - Greenland Minerals and Energy Ltd GGG.AX :
* Says signed a letter of intent (loi) with a European multinational conglomerate
* Agreement to develop a power concept for the kvanefjeld rare earth -uranium project, based on renewable energy (hydropower)
* Power solution will investigate the potential to link in to existing public network, providing broader benefits for south Greenland
* Provider will map out entire concept and aim to bring in partner for main epc contractor,civil work and financing
* Source text for Eikon