Power REIT, headquartered in Old Bethpage, New York, owns and manages real estate for transportation, energy infrastructure, and Controlled Environment Agriculture across the U.S. through its subsidiaries. The assets include 112 miles of railroad, 601 acres leased to solar projects generating 108 MW, and 263 acres with over 2.2 million square feet of greenhouse properties.
PW has been in the news recently: The Sydney Swans are currently struggling for a top-four position in the 2024 AFL season following a significant 112-point loss, while Greater Western Sydney is emerging as a potential premiership contender. In financial updates, Applied Materials, Inc. raised its price target to $275, and IGM Financial Inc. reported record assets under management of $260.1 billion, while Great-West Lifeco Inc. experienced a 13% increase in Q2 2024 base earnings compared to the previous year.
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