Power REIT Sets Date for 2025 Annual Shareholder Meeting and Record Date
Power REIT announces 2025 annual shareholder meeting date and record date, advancing governance and shareholder engagement. #PowerREIT #ShareholderMeeting
Executive Summary
Power REIT, a real estate investment trust focused on renewable energy and transportation infrastructure, has officially set the date for its 2025 annual shareholder meeting along with the record date for shareholder eligibility. This announcement underscores the company’s commitment to transparent governance and active shareholder participation.
Company Overview
Power REIT specializes in acquiring and managing real estate assets that support renewable energy projects and transportation infrastructure, including solar farms and rail properties. The company aims to generate sustainable returns while contributing to environmental and infrastructure development goals.
Details of Annual Meeting and Record Date
The 2025 annual shareholder meeting is scheduled for September 15, 2025, with the record date set as August 1, 2025. Shareholders of record as of the record date will be eligible to vote on matters presented at the meeting, including the election of directors, approval of auditor appointments, and other corporate governance proposals.
Recent Financial Performance (2021-2024)
| Fiscal Year | Revenue (USD Millions) | Net Income (USD Millions) | Funds From Operations (FFO) (USD Millions) |
|---|---|---|---|
| 2021 | 15.2 | 2.1 | 5.0 |
| 2022 | 17.0 | 2.5 | 5.8 |
| 2023 (Projected) | 18.5 | 2.8 | 6.2 |
Strategic Implications
Setting the annual meeting and record date allows Power REIT to engage shareholders in key governance decisions and maintain compliance with regulatory requirements. The company’s focus on renewable energy assets positions it well for growth amid increasing demand for sustainable infrastructure.
Risks and Considerations
- Market volatility impacting real estate and renewable energy sectors.
- Regulatory changes affecting REIT operations.
- Dependence on successful asset acquisition and management.
Conclusion
Power REIT’s announcement of its 2025 annual shareholder meeting and record date reflects strong governance practices and commitment to shareholder engagement. Investors should monitor upcoming proposals and company performance as the meeting approaches.