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Bullboard - Stock Discussion Forum 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... see more

TSXV:GRB - Post Discussion

Greenbriar Sustainable Living Inc > 150MW limit + new RfP
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Post by Allanapotashbelgium on Mar 01, 2021 4:23am

150MW limit + new RfP

I understood that there was a lot of pressure on FOMB to lift the 150 MW restricition. Is such a scenario completely of the table?

Participating in the new RfP seems the best option. Probably won't hurt to have a legal claim with respect to the current FOMB's decision that you can use as leverage (unless this would backfire in some way or the other).
 
A RfP of 1000 MW seems huge compared to the total size of the projects that were on the table. Am I wrong in assuming that we will likely make this round (and this could potentially "only" mean a delay until the end of the year)?
 
I'm doubting to accumulate if there is a further drop. Sage and Alberta should provide a floor, although it is yet to see how Alberta materializes. There have been some disappointments in the past (Smart Glass and Real Block come to mind).
Comment by Doctor90 on Mar 01, 2021 7:54am
sounds like Sage is near finish line with a new CEO just for that project. Alberts seems well on the go with someone who is heavily incentivized my performance based options
Comment by whoami2u on Mar 01, 2021 9:15am
Allan... In my opinion the 150mw is done and over. The FOMB is adamant to have the remaining projects from the original 593mw submit under the 1000mw RFP. The whole point of the FOMB rejecting the 593mw was because, in their opinion, they weren't procured in a competitive process and the cost to rate payers was too high. The 6 tranches of the RFP are a competitive process. We would likely need ...more  
Comment by GRBSlave on Mar 01, 2021 10:50am
Thanks for your honest opinion.  I've learned that being worried about all the short term details just lead to headaches. If the fundamentals are there, things should work out. Yet, I feel like things are going to take much longer than originally expected.