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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 Blizzy420on Jun 04, 2024 2:27pm
113 Views
Post# 36071673

RE:RE:RE:OK Blizzy

RE:RE:RE:OK Blizzy

I believe I can do math.   Peak  water usage was just over 2000 when everyone was at home during pandemic and home usage was up.   People went back to work outside of Tehachapi and used water elsewhere.   Then comes the "reduction" which is truly just a return to pre pandemic levels and maybe they did some water conservation and saved a few gallons of water.   Point is, they return to peak levels and  will still have 700 feet of water rights.   They only need 175 so 700-175 = 525 remaining to absorb annual growth beyond safe ranch. 


Worst case the judge says no go to this deal.  The city and GRB redo the deal with the proper disclosures and move toward the projects start date.   

I already understand the California water market way more than I ever wanted to.   It doesn't take a friggin genius to deduce the next steps win or lose.  

 

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