|
| Wednesday, 24 June 2020, 05:00 HKT/SGT | |
| |
|
|
|
NEWPORT BEACH, CA, June 24, 2020 - (ACN Newswire) - Greenbriar Capital Corp. (TSXV: GRB) (OTC: GEBRF) ("Greenbriar") is pleased to announce that Greenbriar has engaged a national law firm to perform a listing application for a full listing on the world class NASDAQ Global Market Select and complete a Form 20-F registration statement for the US Securities and Exchange Commission.
 | | CMEC and Greenbriar logos |
Further to our updates regarding our massive Montalva solar project, the US Federal Oversight Management Board has approved the privatization of PREPA's transmission, distribution, billing and collections functions enabling Greenbriar to be working with a world class energy consortium as a counter-party.
Greenbriar is moving ahead to construct the sophisticated 160MWdc/80MWac Montalva solar project in Puerto Rico, which will become the largest solar facility in the Caribbean once completed. Greenbriar is very confident the project will expand to 320MWdc/160MWac in the very near future. A sizeable battery storage facility as part of the solar field will enable 24/7 dispatch which is unique in ultra-large scale solar generation facilities. Montalva will provide Puerto Rican citizens with lower-cost, clean and reliable electricity and replace some of the current expensive and dirty oil generation.
The company is proudly building the $200 Million to $400 Million project with the China Machinery Engineering Corporation (CMEC), a leading world class premier construction and engineering company, forming part of the USD $40 Billion China National Machinery Industry Corporation (Sinomach) group of companies.
Greenbriar has been informed by its legal counsel Luis Baco, JD, LLM, that the PREPA Governing Board has approved our project and contract and that the contract has been presented to the US FOMB (US Federal Oversight Management Board) for final approval. In 2018 the US FOMB already recommended Montalva to be deemed a critical project to rebuild Puerto Rico. Montalva will provide over 900 construction jobs, an increased tax base and hundreds of millions of dollars of private funds invested to rebuild a new and resilient electrical grid. Greenbriar is proud of this contribution and its existing 12 year non-stop commitment in Puerto Rico.
About Greenbriar Capital Corp
Greenbriar is a leading developer of renewable energy and sustainable real estate. With long-term, high impact, contracted sales agreements in key project locations and led by a successful, industry-recognized operating and development team, Greenbriar targets deep valued assets directed at accretive shareholder value. Greenbriar and its advisors have closed over $180 Billion in renewable energy projects since 2003 with previous companies.
ON BEHALF OF THE BOARD OF DIRECTORS
"Jeff Ciachurski"
Jeffrey J. Ciachurski
Chief Executive Officer and Director
The TSX Venture Exchange has not reviewed and does not accept responsibility for the accuracy or adequacy of this release. Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release may contain forward-looking statements. All statements, other than statements of historical fact, constitute "forward-looking statements" and include any information that addresses activities, events or developments that the Company believes, expects or anticipates will or may occur in the future including the Company's strategy, plans or future financial or operating performance and other statements that express management's expectations or estimates of future performance.
Topic: Press release summary
Sectors: Alternative Energy, Funds & Equities
http://www.acnnewswire.com
From the Asia Corporate News Network
Copyright © 2026 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
|
|
|
|
|
|
|
Latest Press Releases
Fujitsu automates entire software development lifecycle with new AI-Driven Software Development Platform
Tuesday, February 17, 2026 11:21:00 AM
|
|
|
Anson Resources to Commence Drilling at Yellow Cat Uranium-Vanadium Project, Utah USA
Feb 17, 2026 07:00 HKT/SGT
|
|
|
Snow master Evans leads 1-2-3-4 finish for TGR-WRT
Monday, February 16, 2026 2:24:00 PM
|
|
|
Ministry of Health, Labour and Welfare Grants Orphan Drug Designation in Japan to Novel Orexin Receptor Agonist E2086 for Narcolepsy
Monday, February 16, 2026 1:03:00 PM
|
|
|
Hall Chadwick Unveils Global Speaker Line-up for U.S. Capital Access Forum in Singapore
Feb 16, 2026 12:40 HKT/SGT
|
|
|
Where Resources Meet Opportunities. Ready to Unleash Your Business Potential? Join us at the 5th China Chaoshan International Textile and Garment Exhibition
Feb 15, 2026 11:00 HKT/SGT
|
|
|
Fujitsu and 1Finity to highlight latest network technologies and AI solutions at MWC Barcelona 2026
Friday, February 13, 2026 9:50:00 PM
|
|
|
Fujitsu to present latest technologies for creating social and industrial value through fusion of AI and computing at India AI Impact Summit 2026
Friday, February 13, 2026 9:33:00 PM
|
|
|
Mitsubishi Power Hosts Inaugural Energy Forward Forum in Indonesia with Government and Industry Experts
Friday, February 13, 2026 9:24:00 PM
|
|
|
MHI Successfully Demonstrates Production of Liquid Synthetic Fuels through an integrated Process Utilizing SOEC Co-Electrolysis and FT Synthesis
Friday, February 13, 2026 9:03:00 PM
|
|
|
|
|
More Press release >> |
|
 |
|
 |
|
