29th Apr 2022 10:40
GCP Infrastructure Investments Ltd - Jersey, UK-based investment fund focused on UK infrastructure projects - Net asset value rises. For the quarter ended March 31, it rises to 112.75 pence per ordinary share from 100.78 a year ago. The firm made investments worth GBP6.2 million in total, up from GBP3.7 million. The investments of GBP6.2 million include the funding of the acquisition of a portfolio of anaerobic digestion projects for GBP5.7 million and advances of GBP400,000 to a domestic rooftop solar assets portfolio, GCP Infrastructure says.
"The portfolio had a weight-adjusted average annualised yield of 7.9%, principal outstanding of GBP1.0 billion and an average life of 11 years," the firm explains.
Current stock price: 118.33 pence, up 0.1% on Friday
12-month change: up 16%
By Tom Budszus; [email protected]
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