16 May 2014 10:30

16 May 2014
GCP Infrastructure Investments Limited
("GCP" or "the Company")
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Pre-payment of £6.25m loan
On 3 April 2013 the Company announced that a loan of £11.25m had been made to GCP RHI Boiler 2 Limited. The proceeds of the loan were used to fund a debt facility to finance the installation of biomass boilers on commercial premises. On 27 January 2014, GCP RHI Boiler 2 Limited pre-paid £5m of the loan amount then outstanding. Given that the demand for such boilers has remained significantly lower than anticipated, GCP RHI Boiler 2 Limited pre-paid the remaining £6.25m of the loan amount outstanding on 15 May 2014.
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Contact details: | Â |
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Gravis Capital Partners LLP | Â |
Stephen Ellis | +44 (0)20 7518 1495 |
Rollo Wright | +44 (0)20 7518 1493 |
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Oriel Securities | Â |
Neil Winward | +44 (0)20 7710 7600 |
Mark Bloomfield | Â |
Tunga Chigovanyika | Â |
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Cenkos Securities | Â |
Dion Di Miceli | +44 (0)20 7397 1921 |
Tom Scrivens | +44 (0)20 7397 1915 |
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Buchanan | Â |
Charles Ryland | +44 (0)20 7466 5000 |
Sophie McNulty | Â |
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Notes to Editors
The Company
The Company is a closed-ended investment company that seeks to generate returns from senior and subordinated infrastructure debt and related and/or similar assets. The Company is advised by Gravis Capital Partners LLP.