Brief: Greenbriar Capital Executes Additional $265 Million Mandate with Pegasus

Greenbriar Sustainable Living

29/05/2018 05:04

May 29 (Reuters) - Greenbriar Capital Corp  GRB.V :
    * GREENBRIAR CAPITAL - EXECUTION OF ADDITIONAL $265 MILLION
MANDATE WITH PEGASUS RENEWABLE ENERGY AND SUSTAINABLE
INFRASTRUCTURE CREDIT ADVISORS LP
    * TOGETHER WITH PREVIOUSLY DISCLOSED MANDATE, TOTAL UNDER
LOI IS
NOW $315 MILLION, WHICH COVERS ENTIRE FORECAST PROJECT COST
    * GREENBRIAR CAPITAL- AS INCENTIVE TO RESIC, CO WILL ISSUE 2
MILLION SHARE PURCHASE WARRANTS EXERCISABLE FOR A PERIOD OF 5
YRS AT C$1.00 PER SHARE
    * EXECUTION OF ADDITIONAL $265 MILLION MANDATE FOR COMPANY'S
100
MW AC MONTALVA SOLAR PROJECT
    * GREENBRIAR ALSO ANNOUNCES A COMMON SHARE PRIVATE PLACEMENT
OF
700,000 UNITS AT $1.03 PER UNIT

Source text for Eikon:  ID:nEQ8CjTfca 
Further company coverage:  GRB.V 

 ((Reuters.Briefs@thomsonreuters.com;))