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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 tylerreddickon May 04, 2024 8:23am
156 Views
Post# 36023036

Two things

Two things"Ciachurski, representing Greenbriar in a webinar on April 26, said the company was waiting for city approval of engineering plans it has submitted"

How on god's green earth has that not been completed?


"The judge questioned reliance on the city's Term M&I agreement with the water district "when there are readily available undisputed facts that would show that the contractual entitlement is not feasible.""

To me, that is the key question. The contract with the Water District is only good if there is water to import. They have lots this year, but it has been clearly demonstrated recently that climate change has made that supply uncertain.
JMO
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