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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 Feb 05, 2021 6:17pm
313 Views
Post# 32490812

A little more info on the 150mw...

A little more info on the 150mw...On the PREB WEBSITE you can keep track of their communications with the FOMB and PREPA through the docket filings.

This filing under case number NEPR-MI-2020-0012  on page 2 item #2 directs PREPA to file with the PREB (Puerto Rico Energy Bureau) no later than FEBRUARY 9th  "A list of the renewable energy projects PREPA will choose to acquire 150mw from amongst the 16 proposed projects"

The 150mw is obviously still in play. Yes behind the scenes haggling is probably taking place to push all 593mw through but they have to play by the FOMB's rules and that's obviously what they are doing.

For those projects that don't make the 150mw cut, there's some interesting reading about the new RFP (request for proposal) that will be used in the new procuremet rounds in this FOMB LETTER disected by PREB.
Item number 12 and 13 again talk about us, the "non-operational" or shovel ready projects and how to avoid this fiasco from happening again. From what i gather a draft of all new PPOA's will be submitted to the FOMB in order to work out any issues. This should avoid abrupt rejection from the FOMB from happening again.

Also in this JAN 26th FILING  in the last paragraph on the first page it describes the set timeline for PREPA to evaluate
an RFP. This is set at 75 days. This gives you a time frame for how long it could take to go through the first procurement round, although they know Montalva well so I can't see it taking the full 75 days.

Anyways, for those of you who are bored and tired of waiting you can always bore yourself some more and read through all the dockets.

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