RE:RE:RE:Montalva UpdateUnfortunately the $191M NPV for Montalva is significantly less based on GRB dropping the prices for the power being sold to the grid.
"Worth noting is the fact that Mr. Ciachurski has reduced his project’s pricing offer over time, suggesting that the
premium assigned to Puerto Rico-specific constraints may originally have been (and may continue to be), to the
detriment of Puerto Rico’s residents and businesses, overstated."
This does not also include the fact the project has gone from a 150Mw to 70Mw
Also with Sage "
including our CDN $550 Million fully approved Sage Ranch sustainable housing project in California" that divided by 995 homes (mostly apartments and townhomes) are supposed to sell for an average $552,763 each.
But yes those numbers have also changed.
Greenbriar states they have "
Greenbriar has over $2 Billion of contracted projects in the pipeline". Name one of the multiple projects that meet the criteria of a "contracted" project.
That's right, none.
They may have projects in the "pipeline" but not contracted.
A contract is between two or more parties, to exchange providing a specific scope of work with agreed compensations (cost) with terms and conditions.
I personally am not aware of any contracts in which GRB has entered into to be compensated for the building of Montalva, Alberta projects or Sage Ranch.
Please ask Jeff for a third party (fully independent) NPV valuation of each project, not an informal pro forma letter from Altus.