Greenbriar Sustainable Living Inc. focuses on the acquisition permitting zoning management development and sale of commercial industrial and sustainable residential real estate plus the development financing construction and operation of renewable energy facilities in North America.
The company generates revenue primarily from the sale of residential units in its Sage Ranch project and from electricity sales under long term power purchase agreements for its solar…
Greenbriar Sustainable Living Inc. focuses on the acquisition permitting zoning management development and sale of commercial industrial and sustainable residential real estate plus the development financing construction and operation of renewable energy facilities in North America.
The company generates revenue primarily from the sale of residential units in its Sage Ranch project and from electricity sales under long term power purchase agreements for its solar projects.
The company operates through the following segments.
- The Sustainable Real Estate Development segment is engaged in the acquisition permitting zoning management development and sale of residential communities with a focus on sustainable entry level housing exemplified by the Sage Ranch project which plans to deliver 995 homes in Tehachapi California and includes securing water rights managing joint venture arrangements and preparing the land for construction.
- The Renewable Energy segment focuses on the development financing construction and operation of solar and battery photovoltaic facilities in North America with the Montalva Solar Project in Puerto Rico as its primary initiative which seeks to build an 80 MW AC solar facility coupled with battery storage and to sell the generated electricity under a long term power purchase agreement with the Puerto Rico Electric Power Authority.
Within the homebuilding sector the company differentiates itself by focusing on sustainable entry level housing in markets with limited comparable supply as evidenced by the absence of similar projects within a fifty mile radius of its Sage Ranch development while in the renewable energy sector it leverages its experienced management team and secured water rights to advance solar projects that help Puerto Rico meet its renewable portfolio standards and reduce dependence on imported fossil fuels.
The company’s real estate activity targets individual homebuyers and families primarily in Kern County and the Antelope Valley region of California while its renewable energy business sells electricity to the Puerto Rico Electric Power Authority under long term power purchase agreements.