Power REIT Stock Price. Everything You Need To Know About The Power REIT Stock!
Power REIT is a holding company headquartered in Old Bethpage, New York, that owns a portfolio of real estate assets related to transportation and energy infrastructure. With just 2 full-time employees, the company’s portfolio includes CEA properties, which comprise a greenhouse and associated processing space leased to tenants licensed for the production of medical cannabis. Additionally, the company owns approximately 600 acres of land leased to over 107 megawatts of utility-scale solar projects. Its solar farms generate around 50,000,000 kilowatt hours of carbon-free electricity per annum.
Power REIT also operates a subsidiary called Pittsburgh & West Virginia Railroad, which owns railroad real estate leased to Norfolk Southern Corporation for 99 years. The railroad includes approximately 112 miles of mainline road that extends from western Pennsylvania through West Virginia to eastern Ohio, as well as approximately 20 miles of branch lines and other associated real estate.
For those interested in investing in the energy or transportation infrastructure sectors, Power REIT may be worth researching. By staying up-to-date with news and trends in the industry, you can gain a better understanding of the company’s operations and potential investment opportunities. While we cannot provide financial advice, it’s important to conduct thorough research and seek the guidance of a financial professional before making any investment decisions.
Power REIT Stock Price. Everything You Need To Know About The Power REIT Stock! performance
- Employees 2
- Company HQ Old Bethpage
- Website http://pwreit.com/
- PW Asset Type Common Stock
- PW Market Capitalization 1.5M
- Earnings Per Share -4.43
- Dividends Per Share None
- Dividend Date 2013-01-25
- Quarterly Earnings Growth -0.755
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