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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 shnepson May 11, 2024 4:18pm
171 Views
Post# 36035391

Understanding Investing in Puerto Rico

Understanding Investing in Puerto RicoA very quick overview of investing in renewable energy within the current bankruptcy environment of Puerto Rico's energy provider.
We'll go right to one of Greenbriar's management team, Thomas Emmons, for their input on financing renewable energy projects.

"Another key defensive characteristic of real assets is their relatively low exposure to economic volatility. Thomas Emmons, co-head of direct infrastructure at Voya Investment Management, offered the example of a renewable energy project. “When a renewable energy project sells its power, it’s selling to a utility through a long-term contract that isn’t based on the economic conditions at the time.”

The prices or volumes in these contracts don’t fluctuate with growth in gross domestic product, and they’re fixed over many years, regardless of economic circumstances. “Importantly, the utilities are regulated, so they’re very stable; almost every one of them is investment grade. The contract is a very strong, very predictable revenue source, and it absorbs any economic fluctuations in the marketplace. That’s a powerful motivator for investors,” Emmons said.
As mentioned previously the important aspect of financing is the PPOA. As shown above a bankrupt utility company is not investment grade.
Thank you for clarifying Tom

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