Sunvault Energy, Inc. and Aboriginal Power Corp. announced that APC has signed a Memorandum of Respectful Understanding with the Woodland Cree First Nation to create a power Utility. APC along with Northern Lights Energy & Power and their new partnership Northern Lights Aboriginal Power Corp.

is in the business of selling electricity as well as engineering, designing, procuring, constructing, operating and maintaining conventional energy and alternative energy projects including solar, wind, bio-mass and bio-gas co-generation and natural gas electricity generation. APC will provide a Single Purpose Power utility for the purpose of purchasing electricity at competitive rates for the current and future needs of the Woodland Cree First Nation in the market at the best possible price through a combination of fixed term and spot market contracts. The agreement will move to a more definitive partnership agreement targeted for November 15, 2014.