Net Asset Value(s)

China Infrastructure Investment

19/10/2021 07:00

RNS Number : 4456P

GCP Infrastructure Investments Ltd

19 October 2021

 

GCP Infrastructure Investments Limited

("GCP Infra" or the "Company")

LEI: 213800W64MNATSIV5Z47

Net Asset Value(s)

19 October 2021

GCP Infra, the only UK listed fund focused primarily on investments in UK infrastructure debt, announces that as at close of business on 30 September 2021, the unaudited net asset value per ordinary share of the Company was 103.92 pence (30 June 2021: 102.20 pence), an increase of 1.72 pence per ordinary share. The net asset value takes into account cash, other assets, accrued liabilities and expenses and leverage (if any) of the Company attributable to the ordinary share class.

The recent increase in power prices and to forward market prices used by the Company to forecast electricity prices contributed c. 4.0 pence per ordinary share to the increase (net of the impact of the Company's hedging arrangements).

Increases to the Company's valuation were partially offset by c. 1.8 pence per ordinary share due to significantly lower wind generation than forecast in Q2 and Q3 2021.

For further information please contact:

Gravis Capital Management Limited
Philip Kent
+44 (0)20 3405 8500
Stifel Nicolaus Europe Limited
Mark Bloomfield
Nick Donovan
+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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