Power REIT

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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
Email
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
Competitors
Wellness Real Estate Partners, Innovative Industrial Properties, Verano, Timberline Real Estate Ventures, StoneCastle, Jackson River Capital LLC, NewLake Capital Partners, Inc., Wedbush, Christofferson Robb & Company, MBM Capital.
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