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GCP Infra Inv Ltd (GCP)

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Friday 21 January, 2022

GCP Infra Inv Ltd

Investor Report at 31 December 2021

RNS Number : 1510Z
GCP Infrastructure Investments Ltd
21 January 2022
 

GCP Infrastructure Investments Limited

("GCP Infra" or the "Company")

LEI 213800W64MNATSIV5Z47

 

Investor Report at 31 December 2021

 

21 January 2022

 

GCP Infra, the only UK listed fund focused primarily on investments in UK infrastructure debt is pleased to announce the publication of its investor report, which is available at www.gcpinfra.com .

 

The net asset value at 31 December 2021 was, as previously announced, 107.18 pence per ordinary share.

 

At 31 December 2021:

  • The Company was exposed to a diversified and partially inflation protected portfolio of 47 investments with an unaudited valuation of £1.1 billion;
  • The portfolio had a weight-adjusted average annualised yield of 7.9%, principal outstanding of £1.0 billion and an average life of 11 years.

 

In the period, the Company made three investments totalling £52.8 million. This included a £52.1 million refinance of a biomass plant and further advances of £0.7 million to a portfolio of domestic rooftop solar installations. The Company also disposed of its investment in an offshore wind farm with proceeds representing a c.12% premium to carrying value.

 

For further information, please contact:

 

Gravis Capital Management Limited

Phil Kent

 

+44 (0)20 3405 8500

Stifel Nicolaus Europe Limited 

Mark Bloomfield

 

+44 (0)20 7710 7600

Buchanan/Quill 

Helen Tarbet

Sarah Gibbons-Cook

Henry Wilson

+44 (0)20 7466 5000

 

Notes to the Editor

 

About GCP Infra

GCP Infra is a closed-ended investment company and FTSE-250 constituent whose shares are traded on the main market of the London Stock Exchange. Its objective is to provide shareholders with regular, sustained, long-term distributions and to preserve capital over the long term by generating exposure to UK infrastructure debt and related and/or similar assets.

 

The Company primarily targets investments in infrastructure projects with long term, public sector-backed, availability-based revenues. Where possible, investments are structured to benefit from partial inflation protection. GCP Infra is advised by Gravis Capital Management Limited.

 

GCP Infra has been awarded with the London Stock Exchange's Green Economy Mark in recognition of its contribution to positive environmental outcomes.

 

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