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Bullboard - Stock Discussion Forum 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... see more

TSXV:GRB - Post Discussion

Greenbriar Sustainable Living Inc > Ciro One in trouble???
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Post by whoami2u on Mar 20, 2021 9:14am

Ciro One in trouble???

In a recent document found HERE  Ciro One seems to have an issue with their land.
I don't have the time to google translate it today so I'd thought I'd just quickly toss it out there and maybe those that read Spanish can provide a summary of what's going on with Ciro.
Comment by sweetbabyjesus on Mar 20, 2021 1:00pm
PREPA and CIRO getting pps slapped for, among other things: Putting aquifers at risk, scalping farmland wthout proper permits (must have been confident they would be getting the contract approval) and a non competitve bid process resulting in millions$ cost to taxpayers.  "For the reasons mentioned above in this writing, the Bureau must declare the request for a cease-and-desist order ...more  
Comment by Finalrep on Mar 20, 2021 2:13pm
Who submitted the document/who is it addressed to?
Comment by whoami2u on Mar 20, 2021 8:12pm
Finalrep.... These are the organizations that submitted the letter to the Puerto Rico Electric Authority and are apparently going after Ciro...."Dilogo is an interested and active party in energy issues in Puerto Rico. Its membership is made up of citizens who promote the development of renewable energy in Puerto Rico by prosumers in accordance with the public policies of the Public Energy ...more  
Comment by Hubbie87 on Mar 21, 2021 4:48am
As Jeff previously mentioned, it's challenging to get solar projects through with a Democrat administration because while they protest fossil fuels, they also don't want to dig up a cow pasture to lay down solar tiles. While they love the concept of electric cars, how do you get 70 pounds of copper per car without digging in the ground to get more copper? I am confident that when Montalva ...more  
Comment by Doctor90 on Mar 21, 2021 7:05am
Montalva has already been through it and is fully permitted. Is Ciro not permitted?
Comment by sweetbabyjesus on Mar 20, 2021 1:12pm
7-2019. In its Motion in Compliance with Order, in the case file NEPR-AP-2020- 0008, PREPA admits regarding the CIRO One Salinas and Xzerta projects that, “neither the prices presented by the producers, nor the interconnection costs will translate into savings for consumers ”.7 The energy purchase prices in the contract would increase the cost of energy to PREPA's subscribers and do not comply ...more  
Comment by sweetbabyjesus on Mar 20, 2021 1:15pm
CIRO One started construction in violation of Law 57-2014 Ciro One Salinas is operating in violation of Law 57-2014, in its section 6.33, which provides that the Energy Commission “shall evaluate and approve all contracts between the Authority and any other electric service company, including independent producers of electricity. energy, before the granting of said contracts ”. This provision is ...more  
Comment by Finalrep on Mar 20, 2021 2:10pm
Just an amateur investor over here but why is this info coming out now about Ciro? Someone in power is pissed of and finding/using dirt it seems.   Aligns with what Jeff has been saying for the past month that powerful people are not happy. Just my take but it seems like this has been escalated to a higher level.
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