Greenbriar Capital Retains Rabobank To Arrange Project Financing for the Blue Mountain, Utah Wind Project
TSX.V Symbol: "GRB"
Issued and Outstanding: 11,259,500
NEWPORT BEACH, CA, Aug. 27, 2013 /PRNewswire/ - Greenbriar Capital Corp. (TSXV: GRB) (OTC: GEBRF) is pleased to announce that Coöperatieve Centrale Raiffeisen-Boerenleenbank B.A., "Rabobank Nederland," New York Branch ("Rabobank") has been mandated to arrange project financing for the construction of the 80 MW Blue Mountain Wind Project located in Utah. Financial Close for this loan will be subject to the usual and customary due diligence for a wind project as well as lender approvals.
Greenbriar Capital Corp. has also engaged Rabo Securities USA, Inc., a U.S. registered broker-dealer and affiliate of Rabobank, as its exclusive financial advisor in connection with the placement of limited partnership interests in the 80 MW Blue Mountain Utah wind project.
Rabobank Group is a global financial services leader providing wholesale and retail banking, leasing, real estate services, and renewable energy project financing to clients around the world. Founded over a century ago, Rabobank is one of the largest and safest banks in the world, with nearly $1 trillion in assets and operations in more than 40 countries, and ranks among the world's ten safest banks (Global Finance magazine.) Internationally, Rabobank is a premier bank to the food, beverage and agribusiness industry, as well as a leading financial partner in the renewable energy and project finance area, offering non- and limited recourse financing to solar, onshore and offshore wind, and bioenergy projects. www.Rabobank.com
About Greenbriar Capital Corp.
Greenbriar Capital Corp is a leading developer of renewable energy and sustainable real estate projects. With long term, high impact, contracted renewable energy sales agreements in key project locations and led by a successful industry recognized operating and development team, Greenbriar targets deep value assets directed at accretive shareholder value.
ON BEHALF OF THE BOARD OF DIRECTORS
Jeffrey J. Ciachurski
President, Chief Executive Officer and Director
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SOURCE Greenbriar Capital Corp.