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Tortoise Power and Energy Infrastructure Fund Celebrates IPO at the NYSE

07/29/2009


Tortoise Power and Energy Infrastructure Fund  (NYSE-Listed TPZ) visits the NYSE. In honor of the occasion,  Tortoise Capital Advisors L.L.C. Managing Director Zachary Hamel rings The Opening BellSM.

 


 
 

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TORTOISE POWER AND ENERGY INFRASTRUCTURE FUND (NYSE: TPZ)
Tortoise Power and Energy Infrastructure (NYSE: TPZ) is a closed-end fund that seeks to invest in a portfolio of companies focused solely on the power and energy infrastructure sectors. This sector is expected to provide stable and defensive characteristics throughout economic cycles. A significant portion of our portfolio is anticipated to initially include investment grade fixed income securities, as well as dividend-paying equity securities. Power infrastructure operations use asset systems to provide electric power generation (including renewable energy), transmission and distribution. Energy infrastructure operations use a network of pipeline assets to transport, store, gather and/or process crude oil, refined petroleum products (including biodiesel and ethanol), natural gas or natural gas liquids.

TORTOISE CAPITAL Tortoise Capital Advisors, L.L.C is a pioneer in capital markets for master limited partnership (MLP) investment companies and a leader in closed-end funds and separately manages accounts focused on MLPs in the energy sector. As of June 30, 2009, the advisor had approximately $2.0 billion in assets under management. For more information, visit our Web site at www.tortoiseadvisors.com.