An effort to push the largest locally owned solar energy company into bankruptcy has ended with a settlement between the company and creditors who filed the action.

Court records show the creditors of Elemental Energy LLC now wish to dismiss what�s called an involuntary bankruptcy. Four creditors filed the case four months ago saying they were owed money by Elemental, which is the parent company of Kailua-based Sunetric.
The four included former employee Joshua Powell, Pang Communications, Allison-Ide Structural Engineers and PLS Builders. Terms of the settlement were not announced.