July 23 (Reuters) - New Energy Solar Ltd NEW.AX :
* TO ACQUIRE 87.0MW AC BERYL SOLAR PROJECT IN NSW
* TOTAL CONSTRUCTION COST IS EXPECTED TO BE ABOUT A$187 MILLION
* CO WILL ACQUIRE 49 PERCENT INTEREST IN BERYL SHORTLY AFTER CONSTRUCTION HAS COMMENCED
* INTENDS TO OFFER EXISTING SECURITYHOLDERS SECURITY PURCHASE PLAN AT FIXED PRICE OF A$1.416/NEW STAPLED SECURITY
* PLANT TO SELL ABOUT 134,000 MWH OF ELECTRICITY PER ANNUM FOR NSW UNDER A 15-YEAR AGREEMENT ON FULL COMMERCIAL OPERATION