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Greenbriar Sustainable Living Inc
Symbol GRB
Shares Issued 35,172,355
Close 2024-11-05 C$ 0.68
Market Cap C$ 23,917,201
Recent Sedar Documents

Greenbriar talks up new Governor of Puerto Rico

2024-11-06 10:48 ET - News Release

Mr. Jeffrey Ciachurski reports

PUERTO RICO ELECTS NEW GOVERNOR

Puerto Rico's current U.S. Federal Resident Commissioner in Congress, Jenniffer Gonzalez Colon, has won yesterday's election to become the next Governor of Puerto Rico. Luis Baco, JD, LLM, chief counsel for Greenbriar Sustainable Living Inc. in Puerto Rico and the future president of Greenbriar in Puerto Rico, stated: "With almost 90 per cent of the vote counted, she defeated her closest opponent by nearly 10 per cent of the votes cast. Gonzalez Colon ran on a platform that prioritized energy resilience and the reconstruction of Puerto Rico's obsolete power grid. Luis Baco, who is chief counsel to Greenbriar, is a long-time friend of the new Governor and served as Gonzalez Colon's chief of staff during her first term as the Federal Resident Commissioner (the elected federal member in Puerto Rico for U.S. House of Representatives)."

U.S. solar and wind tax credits run for their full value until 2032 (at between 30 per cent and 50 per cent depending on location and content) and reduce to 26 per cent up to 2035. Tax credits for renewable energy have existed since 1997 and have repeatedly received over 80-per-cent to 90-per-cent bipartisan support from both parties.

Ms. Gonzalez is a lifelong Republican with support of the new President-Elect. Ms. Gonzalez and the new President-Elect have full voting determination on selecting and/or replacing members of the FOMB (Financial Oversight and Management Board for Puerto Rico).

About Greenbriar Sustainable Living Inc.

Greenbriar is a developer of sustainable real estate and renewable energy. With long-term, high-impact projects and led by a successful industry-recognized operating and development team, Greenbriar targets deep-valued sustainable assets directed at accretive shareholder value.

We seek Safe Harbor.

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