Mississauga, ON -- (SBWIRE) -- 05/29/2018 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled "Greenbriar Capital Well-Positioned as Government Reviews Rebuilding Puerto Rico's Energy Infrastructure."
Companies mentioned in this article include Greenbriar Capital Corp. (TSX-Venture:GRB)(OTC:GEBRF).
Article Excerpt:
Outdated to begin with and obliterated by hurricanes Irma and Maria last year, Puerto Rico's energy grid is in tatters. As the US-owned Caribbean island works to restore power from coast-to-coast, regulators are contemplating upgrades wherever possible, including a bevy of solar projects, the biggest of which is Greenbriar Capital Corp.'s (TSX-Venture:GRB) (OTC:GEBRF) Montalva Solar facility. At 100 megawatts, the project is the biggest utility-scale photovoltaic (PV) project currently being considered by Puerto Rico's Financial Oversight and Management Board (FOMB).
Vancouver-based Greenbriar is a diversified company, developing renewable energy projects as well as technology projects in blockchain and smart glass, in addition to being a landowner in California.
But the story of how this solar project came to fruition is one of beauty. In 2013, after the CEO of Greenbriar sold a previous company for $420 million, after starting it with $250 thousand in 2002, he was permitted on the sale to transfer a $1.9 billion solar contract in Puerto Rico to Greenbriar, for no upfront costs. This value cannot be found in the financial statements, yet a court ordered valuator found the net present value to Greenbriar to be US $191 million if the project does not get built.
The full version of this article can be found at:
http://www.allpennystocks.com/aps_ca/special-reports/911/greenbriar-capital-well-positioned-as-government-reviews-rebuilding-puerto-ricos-energy-infrastructure.htm
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Note: AllPennyStocks.com has been compensated three thousand dollars from Greenbriar Capital Corp. either directly or indirectly for its efforts in presenting the GRB profile on its web site and distributing it to its database of subscribers as well as other services. For a complete disclaimer, investors are encouraged to click here: http://www.allpennystocks.com/spotlight/31/greenbriar-capital-corp-tsx-venturegrb-otcgebrf.htm.