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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 Allanapotashbelgiumon Mar 01, 2021 4:23am
268 Views
Post# 32683456

150MW limit + new RfP

150MW limit + new RfPI understood that there was a lot of pressure on FOMB to lift the 150 MW restricition. Is such a scenario completely of the table?

Participating in the new RfP seems the best option. Probably won't hurt to have a legal claim with respect to the current FOMB's decision that you can use as leverage (unless this would backfire in some way or the other).
 
A RfP of 1000 MW seems huge compared to the total size of the projects that were on the table. Am I wrong in assuming that we will likely make this round (and this could potentially "only" mean a delay until the end of the year)?
 
I'm doubting to accumulate if there is a further drop. Sage and Alberta should provide a floor, although it is yet to see how Alberta materializes. There have been some disappointments in the past (Smart Glass and Real Block come to mind).

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