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Greenbriar Sustainable Living Inc V.GRB

Alternate Symbol(s):  GEBRF

Greenbriar Sustainable Living Inc. is a developer of sustainable entry-level housing and renewable energy projects. The Company’s primary business is the acquisition, management, development, and possible sale of real estate and renewable energy projects. It operates through three segments: real estate development in the United States (Real Estate), solar energy projects in Puerto Rico (Solar Energy) and corporate headquarters located in Canada (Corporate). The Company is focused on building two large-scale projects, namely Sage Ranch in Tehachapi, California and Montalva in Guanica, Puerto Rico. Sage Ranch is a real estate community of over 995 entry-level homes in the Tehachapi Valley, a community located in southern California. Its Montalva property (1,747 acres) is a large utility-scale solar and battery storage building with an initial size of 80 MWac or 160 MWdc, located in the southwestern coastal area of Puerto Rico. Its Cordero Ranch property is located in Cedar City, Utah.


TSXV:GRB - Post by User

Comment by PartlyCloudyon Nov 12, 2020 11:43am
187 Views
Post# 31885275

RE:Jeff must be busy...

RE:Jeff must be busy...Thanks for taking Jeff up on his offer to share GRB's report with the board. I greatly look foward to seeing their argument for why Montalva should be selected (please be a good one).

I was a little taken aback to read in the Sargent & Lundy report that even though the solar farm will be right next to the 115kV line, it will be the most expensive interconnection of any of the solar projects submitted as over seven miles of the line will have to be rebuilt (it would seem?) to prevent possible overloads.

It sounds like that part of the line is a known weak point. Being such, I'm not sure if the 15 million dollar cost would cause the project to be looked at less farvorably, or if the upgrade needs to happy anyway and this would be a good time to do it. That's to say, it might actually be a positive point in Montalva's favor.

I'm not a utility guy, so my interpretation could be off. Hopefully they address that issue in the report the submitted to PREPA.
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