Tortoise Energy (TYG) Announces 2.5M Common Offering

Tortoise Energy Infrastructure Corp. (NYSE: TYG) today announced the commencement of a public offering of 2,500,000 shares of common stock. The company intends to grant the underwriters a 45-day option to purchase a maximum of 375,000 additional shares of common stock to cover over-allotments.

The company intends to use the net proceeds to invest in energy infrastructure companies in accordance with its investment objective and policies or for working capital purposes. Pending such investments, the company anticipates repaying short-term debt outstanding under its credit facility or investing in short-term securities issued by the U.S. government or its agencies and/or instrumentalities and/or in short-term debt obligations or money market instruments.

UBS Investment Bank and BofA Merrill Lynch are serving as joint book-running managers for the equity offering.

The offering is made pursuant to an existing effective shelf registration statement on Form N-2 previously filed with the Securities and Exchange Commission. The offering of these securities will be made only by means of a prospectus. A copy of the prospectus supplement and prospectus relating to the offering may be obtained from: