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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 > PBJL and PREPA are about to reach an agreement in 20 days
View:
Post by SvenVandeBroek on Feb 11, 2023 11:08am

PBJL and PREPA are about to reach an agreement in 20 days

Hi everyone,

Mr. Ciachurski just asked me to post this text from the latest PREPA filing here on Stockhouse.

PBJL, the vehicle for Greenbriar's Montalva solar farm project in Puerto Rico, is requesting an extension of 20 days to reach an agreement with PREPA.

The list of dockets can be found here, the filing was received on February 10, 2023 at 8:16 PM:
https://radicacion.energia.pr.gov/case/2444

Regards,
Sven
 

NEPR
Received:
Feb 10, 2023
8:16 PM
 
GOVERNMENT OF PUERTO RICO
PUBLIC SERVICE REGULATORY BOARD
PUERTO RICO ENERGY BUREAU

PBJL ENERGY CORPORATION
Petitioner
v.
 
PUERTO RICO ELECTRIC POWER
AUTHORITY
Respondent

CASE NO.: NEPR-QR-2021-0026
 
SUBJECT: Status of the case


JOINT MOTION TO COMPLY WITH ORDER TO INFORM

TO THE ENERGY BUREAU:
COMES NOW, Petitioner PBJL Energy Corporation (“PBJL ENERGY”) and Respondent
Puerto Rico Electric Power Authority (PREPA) through the undersigned counsels and
respectfully alleges, states and prays as follows:
 
1. On October 31, 2022, PBJL ENERGY and PREPA filed a Joint Motion to Inform
Status of Feasibility Study and Request for Extension of Time. On January 27, 2023 the Energy
Bureau entered an Order, in regard to the Joint Motion, requesting the parties to inform on the
status of the case by February 10, 2023.
 
2. The parties hereby inform that they are in the process of reaching an agreement in
principle that would allow them to end the case shortly. Nevertheless, the parties are in need of
twenty (20) additional working days to complete this process, including drafting the settlement
agreement with all applicable steps to obtain necessary approvals.
 
WHEREFORE, Petitioner PBJL ENERGY and respondent PREPA respectfully requests
the Energy Bureau to approve this motion and consequently grant an additional twenty (20)
working day extension to complete this stage of the settlement process.
RESPECTFULLY SUBMITTED.
 
NEPR
Received:
Feb 10, 2023
8:16 PM
 
In San Juan, Puerto Rico, this 10th day of February 2023.
 
Counsel for PREPA
 
s/ Joannely Marrero Cruz
Joannely Marrero Cruz
jmarrero@diazvaz.law
TSPR No. 20,014
 
DAZ & VZQUEZ LAW FIRM, P.S.C.
290 Jess T. Piero Ave.
Oriental Tower, Suite 803
San Juan, PR 00918
Tel. (787) 395-7133
Fax. (787) 497-9664
 
Counsels for PBJL
 
DE GUZMAN LAW OFFICES
Co-counsel for Petitioner PBJL
P.O. Box 362738
San Juan, PR 00936-2738
Tel: (787) 756-2765; Fax: (787)756-4024
E-mail: gdeguzman@dgglawpr.com

/s/ Guillermo F. DeGuzman
GUILLERMO F. DE GUZMAN
USDC-PR No.: 201309
TSPR (RUA) No.: 7752
 
LEX SERVICES PSC
1612 Ponce de Len Ave., 1st Floor
San Juan, Puerto Rico 00909
Tel.: (787) 993-1905;
Fax: (787) 993-1812
Cel.: (787) 346-5475
lexservicespsc@gmail.com

s/Ivn Daz Lpez
Ivn Daz-Lpez,
Esq. TSPR (RUA)
No. 7753 USDC-PR
No. 201405
 
CARLOS R. SOSA
PADRO LAW
OFFICE
PO Box 191682
San Juan, Puerto Rico 00919-1682
Tel.: (787) 250-0081;
Tel/Fax: (787) 250- 0078
csosalaw@gmail.com

s/Carlos R. Sosa Padr
Carlos R. Sosa-Padr, Esq.
TSPR (RUA) No. 6370
USDC-PR No. 205112
Comment by navajojoe on Feb 11, 2023 11:58am
This post has been removed in accordance with Community Policy
Comment by barachois1 on Feb 11, 2023 12:00pm
can you tell us what this  mean  is it for a approval of  the project or something else.
Comment by SvenVandeBroek on Feb 11, 2023 2:50pm
Here are some notes from me about the parties involved for Montalva:   ------   Greenbriar Capital Corp, the Montalva project sponsor, is the owner of PBJL Energy Corporation, a Puerto Rico entity. PBJL Energy Corporation holds a Master Power Purchase & Operating Agreement (PPOA) for development of up to 100 MW of renewable solar energy. https://greenbriarcapitalcorp.ca ...more  
Comment by Baserunner on Feb 11, 2023 3:27pm
Great News very positive! Long time coming Puerto Rico under the gun now from Washington to start the ball moving on Solar, They screwed around long enough with our company from years ago! l believe we will not heard from Jeff on this project until signed deal and announced by Puerto Rico government agencies. Also we are 2 close to the finish line and big $$$$ are table for wrong words to derail ...more  
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