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Last checked at 
20 Mar 2020 07:00
GCP Infrastructure Investments Limited
("GCP Infra" or the "Company")
LEI: 213800W64MNATSIV5Z47
Covid-19 update
GCP Infra, the only UK listed fund focused primarily on investments in UK infrastructure debt, seeks to provide investors with exposure to a diversified portfolio of UK infrastructure projects, which are by their nature long-term investments.
The Directors and the Company's Investment Adviser, Gravis, believe such investments are well placed to weather the uncertainty driven by Covid-19 over the long term. Substantially all of the Company's investments are availability-based infrastructure assets and therefore are not currently expected to be materially impacted by the reduced demand for goods and services that is occurring as a result of restrictions on the movement of people.
Any potential impact is likely to be limited to: (i) short-term reductions in asset performance which may result from the reduced availability of personnel responsible for operating, managing or maintaining assets, or spare parts; and (ii) the impact of any short-term reductions to electricity prices. The Investment Adviser does not currently consider these to be material risks to the Company's ability to continue to meet its key long-term objective of providing shareholders with regular, sustained, long-term dividends and the preservation of capital over the long term.
At the date of this announcement the Company's investments continue to perform in-line with the Investment Adviser's expectations.
A further announcement will be made in due course, if appropriate.
For further information please contact:
Gravis Capital Management Limited Philip Kent Dion Di Miceli
| +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.
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