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Share Price Information for GCP Infrastructure Investments (GCP)
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Intraday GCP Infrastructure Investments Share Chart
GCP Infrastructure Increases GCP Rooftop Solar Loan Note Commitment
LONDON (Alliance News) - GCP Infrastructure Investments Ltd Tuesday increased its commitment to subscribe to the loan notes being issued by GCP Rooftop Solar 5 Ltd by GBP10 million.
The increase brings GCP Infrastructure's total commitment on the loan note issue to GBP20 million.
GCP said the notes have a yield of around 10.1% per year and have a term of around 21 years.
The notes have been and will continue to be used by GCP Rooftop Solar 5 to make a loan secured against cashflows from a number of portfolios of domestic solar panel installations in England, installed by A Shade Greener Ltd.
Shares in GCP Infrastructure Investments were trading flat on Tuesday, quoted at 116.5 pence.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
Copyright 2014 Alliance News Limited. All Rights Reserved.
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