TSX.V Symbol: "GRB"
Issued and Outstanding: 11,259,500
NEWPORT BEACH,
CA, Aug. 27, 2013 /CNW/ -
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.
About Rabobank
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
"SIGNED"
Jeffrey J. Ciachurski
President, Chief Executive Officer and Director
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
Certain statements in this press release
constitute "forward-looking statements" under applicable securities
laws, which involve known and unknown risks, uncertainties and
other factors that may cause actual results to be materially
different from any future results, performance or achievements
expressed or implied by such statements. Words such as
"expects", "anticipates", "intends", "projects", "plans", "will",
"believes", "seeks", "estimates", "should", "may", "could", and
variations of such words and similar expressions are intended to
identify such forward-looking statements. Such statements in
this news release include, but are not limited to, the Company's
discussion concerning the Offer. These statements are based
on management's current expectations and beliefs and actual events
or results may differ materially. There are many factors that
could cause such actual events or results expressed or implied by
such forward-looking statements to differ materially from any
future results expressed or implied by such statements. Such
factors include, but are not limited to, the state of the Company's
business activities and various factors discussed in the Company's
annual report and annual information contained in the Company's 20F
Annual Report filed with the United States Securities and Exchange
Commission and securities regulators in Canada. Forward-looking statements are
based on current expectations and the Company assumes no obligation
to update such information to reflect later events or developments,
except as required by law.
SOURCE Greenbriar Capital Corp.