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.

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Greenbriar Sustainable Living Inc > Updates from Jeff

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Comment by tylerreddickon Jul 06, 2024 3:49pm

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Post# 36121272

RE:Updates from Jeff

" The net result is $1.1M in current AP which is more than manageable with the upcoming closing of the $40M Voya financing."

Please correct me if I am wrong, but the Voya financing is for construction at Sage Ranch, not paying off GRB's accounts payable. Yes/no?

And what if Voya doesn't come through? Is the AP still manageable?

Just wondering out loud.

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