QuotedData Retail - GCP Infrastructure Investments Ltd GBP (GCP) GCP Infrastructure - Substantive progress

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QuotedData Retail

GCP Infrastructure - Substantive progress

Since interest rates began to rise to tackle inflation, GCP Infrastructure (GCP) has, like many similar investment companies, been afflicted by a wide share price discount to net asset value (NAV). The board and the investment adviser have been working to tackle this through a policy of capital recycling. This aims to free up £150m to materially reduce the drawn balance on the revolving credit facility (RCF), return at least £50m to shareholders, and rebalance the portfolio to improve its risk adjusted returns.

As we discuss in this report, share buybacks have stepped up a gear, the discount is narrowing, the RCF has been reduced to just £10m, and the portfolio’s sensitivity to electricity prices has been cut significantly.

There is more to do, but – perhaps attracted by the high dividend yield and improving outlook – investors appear to be waking up to GCP’s attractions once again.

07/08/2025 16 EN

Underlying

GCP Infrastructure Investments Ltd GBP

GCP Infrastructure Investments is a closed-ended investment company. Co. is focused primarily on investments in U.K. infrastructure debt. Co. invests in a partially inflation-protected portfolio of loans and assets, primarily in the renewable energy, social housing and private finance initiative sectors. Gravis Capital Management Limited is the appointed investment adviser and alternative investment fund manager to Co. The investment adviser has advised on debt structures in a variety of infrastructure sectors, including a variety of renewable energy sectors, healthcare, education, court buildings, specialized offices, registered social landlord accommodation and transport.

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JE00B6173J15 London Stock Exchange Jersey

Provider

QuotedData Retail

QuotedData you with provides access to research on Investment Companies, Investment Trusts and Mining companies. Our aim is to provide you all the information you might need to make your own investment decisions. We cannot offer you advice on your investments.

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GCP Infrastructure - Substantive progress

GCP Infrastructure Investments Ltd: 1 director

GCP Infrastructure - Substantive progress

Fidelity Emerging Markets – The long and short of emerging markets

Global Opportunities Trust – Cash pile grows as valuations climb

Lindsell Train Investment Trust – Durability in times of volatility

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