GCP Infrastructure Investments Ltd (GCP)

Sector:

Investment Firms

Index:

FTSE 250

75.80p
   
  • Change Today:
      1.10p
  • 52 Week High: 93.00
  • 52 Week Low: 60.00
  • Currency: UK Pounds
  • Shares Issued: 867.81m
  • Volume: 864,473
  • Market Cap: £657.80m

GCP Infrastructure subscribes for £80m loan notes to fund wind project

By Josh White

Date: Thursday 26 Apr 2018

LONDON (ShareCast) - (WebFG News) - GCP Infrastructure Investments has entered into a commitment to subscribe for a series of loan notes with a value of £80m, it announced on Thursday.
The FTSE 250 company said the proceeds would be used to finance investment in an operational offshore wind project located in the UK.

It said the wind project was in receipt of renewable obligation certificates - a government-sponsored mechanism for promoting renewable electricity generation in the UK.

"The subscription for the loan notes will be funded by the company from its available resources at the relevant time," the GCP board said in its statement.

"The loan notes, if issued, will be issued by an intermediary company set up for these purposes."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

GCP Market Data

Currency UK Pounds
Share Price 75.80p
Change Today 1.10p
% Change 1.47 %
52 Week High 93.00
52 Week Low 60.00
Volume 864,473
Shares Issued 867.81m
Market Cap £657.80m

GCP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
45.49% above the market average45.49% above the market average45.49% above the market average45.49% above the market average45.49% above the market average
35.12% above the sector average35.12% above the sector average35.12% above the sector average35.12% above the sector average35.12% above the sector average
Price Trend
19.35% below the market average19.35% below the market average19.35% below the market average19.35% below the market average19.35% below the market average
43.11% below the sector average43.11% below the sector average43.11% below the sector average43.11% below the sector average43.11% below the sector average
Income
86.18% above the market average86.18% above the market average86.18% above the market average86.18% above the market average86.18% above the market average
94.67% above the sector average94.67% above the sector average94.67% above the sector average94.67% above the sector average94.67% above the sector average
Growth
38.59% below the market average38.59% below the market average38.59% below the market average38.59% below the market average38.59% below the market average
34.85% below the sector average34.85% below the sector average34.85% below the sector average34.85% below the sector average34.85% below the sector average

What The Brokers Say

Strong Buy 0
Buy 1
Neutral 2
Sell 1
Strong Sell 0
Total 4
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

GCP Dividends

  Latest Previous
  2nd Interim 1st Interim
Ex-Div 02-May-24 08-Feb-24
Paid 04-Jun-24 08-Mar-24
Amount 1.75p 1.75p

Trades for 03-May-2024

Time Volume / Share Price
16:36 2,139 @ 75.80p
16:36 819 @ 75.80p
16:36 3,629 @ 75.80p
16:36 3,860 @ 75.80p
16:36 3,439 @ 75.80p

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