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Burges Salmon advises GCP Infra on latest onshore wind disposal as capital recycling in UK renewables market continues

By Bethan Penrhyn-Jones

24 Jul 2026 7 min read

Our Corporate and M&A team have advised GCP Infrastructure Investments Limited (“GCP Infra”), which is advised by Gravis Capital Management Limited, on the completion of the sale of two operational onshore wind projects, Winscales Moor and Burton Wold.

The projects have a combined generating capacity of approximately 26.5MW. The disposal completed for approximately £11 million and was achieved at a c.13% premium to the valuation of the projects included in GCP Infra’s net asset value at 31 March 2026.

The disposal at a premium to valuation underlines continued demand for established UK renewable energy assets, as infrastructure investors continue to recycle capital and optimise portfolios in support of long-term value.

The transaction forms part of GCP Infra’s published capital allocation policy and further reduces the company’s exposure to equity-like interests in the onshore wind sector.

We advised on the legal aspects of the transaction. The team advising on the transaction was led by Bethan Penrhyn-Jones, Jonathan Eves, Oliwia Woznica and Will Penfold from our Corporate and M&A team, with support from specialists across the firm, including Victoria Abbott and Harrison Folland in Banking and Finance.

“This disposal represents another important step in the delivery of GCP Infra’s capital allocation policy. The sale of Winscales Moor and Burton Wold demonstrates the continuing value of high-quality operational renewable energy assets and supports our focus on actively managing the portfolio for the benefit of shareholders. We are grateful to Bethan and the wider Burges Salmon team for their clear, commercial and responsive support throughout the transaction.”

Matteo Quatraro, Head of Portfolio at Gravis Capital Management, the Investment Adviser to GCP Infra

“We are delighted to have supported GCP Infra and Gravis Capital Management on another successful onshore wind transaction. It was a pleasure to work with the team again and to help deliver a transaction that supports the company’s stated capital allocation objectives.”

Bethan Penrhyn-Jones, Director

Our Corporate and M&A team advises clients on complex domestic and cross-border transactions across a broad range of sectors, with particular experience in energy, infrastructure and clean energy assets. The firm has a long-standing relationship with GCP Infra and Gravis Capital Management, having previously supported the business on renewable energy investments, financings and disposals.