GCP Infrastructure Investments (ticker: GCP) was launched in 2010. Along with Sequoia Economic Infrastructure Income, it is one of two trusts in the AIC's Infrastructure sector that specialise in loans rather than equity holdings. GCP has built up an entirely UK-based portfolio valued at £1.1bn that can be split into renewables (65%), PFI/PPP (24%), and supported housing (11%) and it has a mixture of fixed-rate senior and subordinated loans with an average remaining term of 10 years. Half of its income has some form of inflation protection and its NAV is also sensitive to power price movements...