GCP Infra Advances Capital Strategy and Reduces Debt

GCP Infra Invt Shs GBP (GB:GCP) has released an update.

GCP Infrastructure Investments Ltd has released its quarterly investor report, highlighting a net asset value of 107.58 pence per share and a diversified portfolio valued at £1.0 billion with a 7.8% yield. The company successfully sold its stake in Blackcraig Wind Farm, reducing its debt and exposure to volatile electricity prices. It has initiated a capital allocation policy aiming to lower leverage and return £50 million to shareholders by the end of 2024.

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