GCP Infrastructure Investments Limited (LSE:GCP) has completed the sale of its operational onshore wind assets at Winscales Moor and Burton Wold, which together have a generating capacity of approximately 26.5MW. The transaction was completed at around a 13% premium to the projects’ net asset value as of March 2026, highlighting continued investor demand for high-quality renewable infrastructure assets.
The disposal generated immediate cash proceeds of approximately £10.3 million, with an additional £0.8 million in tax-related receipts expected in the near term and a further £0.6 million payable through deferred consideration linked to agreed milestones. The sale reduces GCP Infrastructure Investments’ exposure to equity-style onshore wind investments in line with its capital allocation strategy. The proceeds, together with any surplus cash, will be used to support the company’s ongoing share buyback programme. Separately, the disposal of a supported social housing investment continues to progress and is expected to facilitate the repayment of around £47 million of loans, leaving the company’s revolving credit facility fully undrawn.
GCP Infrastructure Investments continues to benefit from a conservative balance sheet, improving cash generation and supportive technical indicators. These strengths are balanced against softer revenue trends and a relatively demanding valuation, although the company’s attractive dividend yield, stable income strategy and continued share buybacks provide additional support for shareholders.
More about GCP Infrastructure Investments
GCP Infrastructure Investments Limited is a FTSE 250-listed closed-ended investment company focused on providing investors with regular long-term income while preserving capital. The company primarily invests in UK infrastructure debt and related assets that generate stable, availability-based revenues, often supported by public sector counterparties.
Managed by Gravis Capital Management Limited, GCP Infrastructure Investments also seeks to provide partial protection against inflation where possible through the structure of its investments. The company has been awarded the London Stock Exchange’s Green Economy Mark in recognition of its investment in infrastructure projects that contribute to positive environmental outcomes.
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