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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

Post by whoami2uon Jul 04, 2021 5:32pm
383 Views
Post# 33490998

Amount of Tranche 1 projects revealed....

Amount of Tranche 1 projects revealed....On page 3, item 6, of this document dated June 29, 2021, found HERE  PREPA states the following:

"PREPA personnel and technical advisors from the firm Sargent & Lundy are currently working around the clock to complete the initial technical valuation of the 70 PROJECT PROPOSALS PREPA received on June 18, 2021 in response to its Tranche 1 RFP."

70 projects is a lot of competition.

There's only 1000mw up for grabs and Montalva wants 80-160 of it
.
How many of the 70 projects are utility-scale, like Montalva, we can only guess.

I suppose we can assume that a dozen or so are of the remaining shovel-ready projects.

I'm also guessing that there would have been quite a few smaller projects, or VPP's, that were proposed, compared to utility-scale projects.

If that's the case then the 70 number will be drastically reduced come Phase 2 of Tranche 1 since PREPA made it clear that the grid lacks the technology to monitor and communicate with VPP's, and therefore they should be eliminated from Tranche 1 and 2.

On July 15, 2021 we will find out how many of the 70 proposed projects have their paperwork in order and make it into Phase 2 of Tranche 1.

Phase 2 is a "Project Committee Review and Recommendation" which includes a qualitative evaluation, a pricing evaluation and an interconnection feasibility evaluation.

Let's hope Montalva will be there.

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