Power REIT is a real estate investment trust (REIT) that owns real estate related to infrastructure assets including properties for Controlled Environment Agriculture, Renewable Energy and Transportation. Power REIT is actively seeking to expand its real estate portfolio related to Controlled Environment Agriculture and Renewable Energy.
POWER REIT STATEMENT ON SUSTAINABILITY
Power REIT owns real estate related to infrastructure assets including properties for Controlled Environment Agriculture (CEA Facilities), Renewable Energy and Transportation.
CEA Facilities, such as greenhouses, provide an extremely environmentally friendly solution, which consume approximately 70% less energy than indoor growing operations that do not benefit from “free” sunlight. CEA facilities use 90% less water than field grown plants, and all of Power REIT’s greenhouse properties operate without the use of pesticides and avoid agricultural runoff of fertilizers and pesticides. These facilities cultivate medical Cannabis, which has been recommended to help manage a myriad of medical symptoms, including seizures and spasms, multiple sclerosis, post-traumatic stress disorder, migraines, arthritis, Parkinson's disease, and Alzheimer’s.
Renewable Energy assets are comprised of land and infrastructure associated with utility scale solar farms. These projects produce power without the use of fossil fuels thereby lowering carbon emissions. The solar farms produce approximately 50,000,000 kWh of electricity annually which is enough to power approximately 4,600 home on a carbon free basis.
Transportation assets are comprised of land associated with a railroad, an environmentally friendly mode of bulk transportation.
Company Details
- Employees
- 5
- Founded
- -
- Address
- 301 Winding Rd, Old Bethpage,new York 11804,united States
- Phone
- 212-750-0371
- ir****@****eit.com
- Industry
- Real Estate
- Website
- pwreit.com
- Keywords
- solar, wind, real estate, geothermal, infrastructure, REIT, greenhouses, cannabis, Controlled Environment Agriculture, CEA.
- HQ
- Old Bethpage, New York
Power Reit Questions
Power Reit's helpline number is 212-750-0371
Power Reit's website is pwreit.com
Power Reit's LinkedIn profile is https://www.linkedin.com/company/power-reit
Power Reit has
5 employees.
View email and phone details for 5
employees at Power Reit.
Power Reit's industry is
Real Estate
Power Reit's support email address is ir@pwreit.com
Power Reit's categories are Real Estate
Power Reit's founding year is 1965
