---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-008650"
form_type: "8-K"
ticker: "PW"
cik: "0001532619"
company_name: "Power REIT"
filed_at: "2022-04-01T23:59:59+00:00"
generated_at: "2026-06-26T10:37:38.107267+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Power REIT reports 2021 annual net income per share up 42%, Core FFO per share up 44%

## Summary
- Revenue $8.46M for 2021, up 98% YoY; net income per basic share $1.41, up 42% from $0.99.
- Core FFO per common share $1.93 for 2021, up 44% from $1.34; Q4 Core FFO $0.35, impacted by $0.16 one-time adjustments.
- Deployed ~$37M from rights offering, invested ~$48M in 9 greenhouse properties during 2021.
- Obtained $20M debt facility at 5.42% interest, converting to 5-year term loan after 12-month draw period.
- Portfolio includes 21 greenhouse properties, 7 solar farm ground leases, 112 miles of railroad.

## SEC filing metadata
- accession: 0001493152-22-008650
- form_type: 8-K
- ticker: PW
- cik: 0001532619
- company_name: Power REIT
- filed_at: 2022-04-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1532619/000149315222008650/0001493152-22-008650-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1532619/000149315222008650/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-008650
- JSON: https://secwatch.observer/filing/0001493152-22-008650.json
- Plain text: https://secwatch.observer/filing/0001493152-22-008650.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.