Money Makers

UPDATE: GCP Infrastructure (GCP) attempted to merge with GCP Asset Backed Income (GABI) in the summer of 2023, but the deal was abandoned after discussions with investors -- GABI subsequently entered a managed wind-down. A new capital allocation policy has been in place at GCP since late 2023, which involves selling off more mature and lower-performing assets and using the proceeds to reduce trust-level debt and fund share buybacks. Disposals in 2026 have included social housing loans, plus solar and wind assets, allowing the trust to fully repay its revolving credit facility. Total NAV return...