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Power REIT PW

Alternate Symbol(s):  PW.PR.A

Power REIT (the Trust) is an internally-managed real estate investment trust. The Trust is engaged in the ownership, leasing, acquisition, development, and disposition of special purpose real estate assets. The Trust owns a portfolio of real estate assets related to transportation, energy infrastructure and Controlled Environment Agriculture (CEA) in the United States. It owns its assets through direct and indirect wholly owned and special purpose subsidiaries. The Trust’s assets consist of approximately 112 miles of railroad infrastructure and related real estate which is owned by its subsidiary, Pittsburgh & West Virginia Railroad (P&WV), approximately 501 acres of fee simple land leased to a number of utility scale solar power generating projects with an aggregate generating capacity of approximately 88 Megawatts (MW) and approximately 256 acres of land with approximately 2,163,000 square feet of existing or under construction CEA properties in the form of greenhouses.


NYSEAM:PW - Post by User

Power REIT
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Post by AwareInvestoron Dec 23, 2021 8:13am
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Post# 34257291

Power REIT Secures $20 Million In Debt Financing

Power REIT Secures $20 Million In Debt Financing
Power REIT has obtained further financing to continue to expand its operations. The firm this morning indicated it has obtained a total of $20 million in debt financing from a commercial federally regulated bank.
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