Update from QuotedData

GCP Infrastructure - Update from QuotedData

7th August 2025

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.

Full Research:

https://quoteddata.com/research/gcp-infrastructure-substantive-progress-qd/

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