USA: RenuEn Corp., a renewable energy development company announced the cancellation of the acquisition of Alquimi Solar, a Saddle Brook, New Jersey based solar and renewable energy development company.
Don Wood, CEO of RenuEn, states: "We have decided to rescind our acquisition of Alquimi Solar due to fundamental differences. We look forward to continuing our working relationship with Alquimi in the future."
Wood added, "I wish Alquimi the best of luck in their pursuit of solar energy projects in the future."
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