Tortoise Capital Completes Merger of Tortoise Energy Infrastructure Corp. (NYSE: TYG) and Tortoise Sustainable and Social Impact Term Fund (NYSE: TEAF)
Tortoise Energy Infrastructure Corporation (TYG)
US:NYSE Investor Relations:
closedendfunds.tortoiseadvisors.com/tyg/overview
Company Research
Source: Business Wire
OVERLAND PARK, Kan.--(BUSINESS WIRE)--Tortoise Capital Advisors, L.L.C. (Tortoise Capital), a fund manager focused on energy investing, today announced the completion of the merger between Tortoise Sustainable and Social Impact Term Fund (NYSE: TEAF) and Tortoise Energy Infrastructure Corp. (NYSE: TYG) with TYG emerging as the continuing fund. As of Nov. 7, 2025, the combined total assets under management (AUM) of TYG were $1.3 billion.Under the terms of the merger, TYG acquired all assets and liabilities of TEAF. Shares of TEAF were converted into newly issued TYG shares based on their respective net asset values as of Nov. 7, 2025, at an exchange ratio of 0.2882637.TYG will maintain its original investment strategy and objective of seeking a high level of total return, with an emphasis on current distributions. The fund offers investors access to infrastructure across the energy value chain, from natural gas and power generation to renewables and grid assets. The portfolio is we
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TYG
News
- Tortoise Capital Announces Increased Distributions for TYG Following Completion of Merger with TEAF [Yahoo! Finance]Yahoo! Finance
- TYG: From Midstream Yield Vehicle To Scaled Energy-Infrastructure Platform [Seeking Alpha]Seeking Alpha
- Tortoise Capital Announces Shareholder Approval of Closed-End Fund Merger [Yahoo! Finance]Yahoo! Finance
TYG
Sec Filings
- 11/20/25 - Form 4/A
- 11/14/25 - Form 4
- 10/30/25 - Form NPORT-P
- TYG's page on the SEC website