GCP Infrastructure has invested just shy of £5m in loan notes with a yield of 9.3% at 20 year maturity. The borrower is GCP Rooftop Solar 4 Limited – a portfolio of domestic solar panel installations installed by A Shade Greener. The loan will be serviced from income derived from the Government’s Feed-in-tariff scheme.
The loan has been financed by a £5m prepayment of a loan GCP made to GCP RHI Boiler 2 Limited. this was made to support the installation of biomass boilers in commercial premises but demand for these has not been as great as they anticipated.
