Sunvault Energy, Inc. cancelled the acquisition of 80% stake in Photovoltaika Chersou Ltd. and Ellinika Latomeia Photovoltaika AE from BCI Renewables.
Sunvault Energy, Inc. (OTCBB:SVLT) cancelled the acquisition of 80% stake in Photovoltaika Chersou Ltd. and Ellinika Latomeia Photovoltaika AE from BCI Renewables on April 24, 2014. Through a diligence process Sunvault Energy has determined to move to a 100% interest in Photovoltaika Chersou Ltd. rather than an 80% interest in Photovoltaika Chersou Ltd. and Ellinika Latomeia Photovoltaika AE.