Onshore wind sale for approximately £11 million

GCP Infrastructure Investments Ltd

20 July 2026

GCP Infrastructure Investments Limited

("GCP Infra" or the "Company")

LEI: 213800W64MNATSIV5Z47

Onshore wind sale for approximately £11 million

20 July 2026

Onshore wind disposal

Further to the Company's announcement on the 30 June 2026 (the "Announcement"), the Company is pleased to announce the completion of the sale of two operational onshore wind projects, Winscales Moor and Burton Wold, with total generating capacity of c. 26.5MW (the "Projects"). The disposal occurred at a c. 13% premium to the valuation of the Projects included in the Company's net asset value at 31 March 2026.

The disposal proceeds are made up of a day one consideration, and deferred consideration elements, the payments of which are linked to milestones. Day one cash proceeds of c. £10.3 million have been generated, with a further c. £0.8 million of tax-related proceeds expected imminently, and c. £0.6 million of deferred proceeds. The cash proceeds will be used in line with the Company's published capital allocation policy. The disposal has reduced the Company's exposure to equity-like interests in the onshore wind sector, in accordance with the stated objectives of the capital allocation policy.

The supported social housing disposal that will repay c.£47m of loans continues to progress, with completion expected in the coming months. The Company's revolving credit facility ("RCF") remains fully undrawn.

Capital allocation

Any excess cash balance will continue to be applied in accordance with the framework that the Company has set out for use of cash. At the prevailing discount at which the Company's ordinary shares trade to the Company's net asset value per ordinary share, such excess cash balance will be used to continue the Company's share buyback programme.

For further information please contact:

Gravis Capital Management Limited Philip Kent Robyn MacHugh Cameron Gardner	+44 (0)20 3405 8500
RBC Capital Markets Matthew Coakes Elizabeth Evans Sahil Suleman	+44 (0)20 7653 4000
Canaccord Genuity Limited Edward Gibson-Watt Stuart Andrews Elizabeth Halley-Stott	+44 (0)20 7523 8000
Burson Buchanan Helen Tarbet Henry Wilson Nick Croysdill	+44 (0)20 7466 5000

Notes to the Editor

About GCP Infra

GCP Infra is a closed-ended investment company and FTSE-250 constituent. Its shares are traded on the main market of the London Stock Exchange. The Company's 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.

GCP Infra has been awarded with the London Stock Exchange's Green Economy Mark in recognition of its contribution to positive environmental outcomes.

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