Green Matters Technologies Inc. (Green Matters) announced a mutual agreement in the form of a Memorandum of Understanding (MoU), with Greenbriar Capital Corp. (Greenbriar) to outline the process for Green Matters to design and manufacture sustainable energy recovery systems that will provide the domestic hot water, space heating and cooling for the 995-unit, sustainable "Sage Ranch" housing project in Tehachapi, CA, a 90-minute drive north of Los Angeles. By incorporating Green Matters technology, the "Sage Ranch" project will add to its mission of creating a socially responsible, sustainable near-zero carbon footprint living community, with carbon offsets amounting to millions of tonnes of CO2 emission reductions.

Green Matter's patented energy recovery system is more than 6 times as efficient as traditional gas fired boilers. It captures waste heat from AC chillers and ambient air to utilize the thermal energy and provide facilities with 100% of their hot water and space heating demands. Upon installation of a community energy recovery system, Green Matters will monitor and bill its services through smart energy metering, becoming the first of its kind in providing clean heating and cooling to the community as an HVAC utility service provider.

Sage Ranch will also include rooftop solar panels for electrical generation on detached homes, power walls for electric car charging and energy storage, the capture and reuse of grey stormwater for outdoor irrigation and other non-potable uses, the use of smart meters and smart appliances, and a walkable community design that minimizes the need for daily driving.