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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 SvenVandeBroekon Sep 01, 2023 6:58pm
199 Views
Post# 35616963

While tylerreddick aka navajojoe was flooding the board...

While tylerreddick aka navajojoe was flooding the board...I did some household chores mostly and checked my estimates on Montalva afterward.

IF Montalva goes through, the completion of phase 1 (80MW AC / 160 MW DC) could bring in yearly revenues of 39 million USD for 25 years. There are 3 phases planned to build which could eventually double that revenue number.

The 39 million USD is the conservative figure (140 USD/MW) and not what GRB is aiming for IMO.

It's also without the 30% ITC.
It's also without the 9,800,000 in renewable energy credits.
Possibly it's also without the addition 10% ITC (for a total of 40%) for sourcing resources from the US (not sure about that).

https://www.energy.gov/eere/solar/federal-solar-tax-credits-businesses
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