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GCP Infrastructure Commits To GBP64 Million Investment In Wind Project

LONDON (Alliance News) - GCP Infrastructure Investments Ltd on Monday said it entered into a ...

Alliance News 20 May, 2019 | 9:23AM
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LONDON (Alliance News) - GCP Infrastructure Investments Ltd on Monday said it entered into a commitment to subscribe for two new loan notes amounting to GBP64 million.

The notes, if issued, will be used to finance an investment into an operational onshore wind project located in the UK, the company explained.

If made, the investment will be funded from the FTSE 250 firm's available resources, GCP clarified.

GCP Infrastructure Investments shares were trading 0.1% higher at 126.87 pence each.

By Elena Cherubini; elenacherubini@alliancenews.com

Copyright 2019 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
GCP Infrastructure Investment Ord 130.20 GBX 0.15 -

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