RE:RE:RE:RE:Email sent to PREPA Today
Sweetbabyjesus.... One might think that Jeff is "throwing the competition under the bus" but the FOMB themselves referenced PREPA's June 11, 2020 letter where PREPA said the following... "we would not be surprised if the majority of these projects did not reach completion" and therefore, "it would be far more prudent to execute contracts with all of the advanced development projects that were willing to proceed on the new economic terms to ensure the highest likelihood of seeing new generation actually constructed." PREPA's premonition seems to be coming true as some of these projects will probably not be completed do to financial institutions unwilling to lend to an inexperienced builder in a bankrupt country. A proven builder like Greenbriar with a financial firm already lined up ready to lend would be the simplest solution to get these projects done. Whether Jeff would be willing to acquire these troubled projects is something he'd have to address. But it seems like a great opportunity.