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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

Comment by shnepson May 28, 2024 10:42am
82 Views
Post# 36060274

RE:RE:RE:RE:The soap opera continues, good grief

RE:RE:RE:RE:The soap opera continues, good griefThe City buys water rights virtually every year and are currently in negotiations for more. The issue comes as these water rights become more scarce (for sale) they also become more expensive.
What does the City do when when they are growing at a 2.3% growth rate, are responsible for supplying a least 50% of the water for a project and they can't buy anymore?
Their attitude is "I don't care, the M&I agreement will supply all the water we need."
Obviously that is not the current case.
Or do they simple say to developers, "If you want to build you must supply all water rights required for the project". I don't think it is that simple though.

There is the waste water treatment (GSP) is too me the only additional water possibility. You're are probably looking at $20M+ to just build and will take years from engineering, permitting and a building perspective. It has not been approved and can't be part of the 20 year plan for water.
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