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TortoiseEcofin (symbol: TNAP) is a company dedicated to investing in essential assets and services critical to the economy and society. With over two decades of experience, TortoiseEcofin focuses on energy infrastructure and the transition to cleaner energy while also supporting social impact projects such as education and senior living.

The company operates through several key indices, including the Tortoise MLP Index®, which tracks energy master limited partnerships involved in transportation, production, and storage of energy commodities. Another core index is the Tortoise North American Pipeline IndexSM, composed of pipeline companies operating primarily in the U.S. and Canada, covering sectors such as natural gas, crude oil, and refined products transportation and distribution.

In addition to these, TortoiseEcofin manages the Ecofin Global Water ESG IndexSM, which focuses on companies engaged in water infrastructure and management, as well as the Tortoise Decarbonization Infrastructure IndexSM, which includes firms working on decarbonizing infrastructure, such as natural gas, electric generation, and renewable fuels.

Recent developments include the company’s quarterly rebalancing of its indices on December 15, 2023, a process that ensures the indices remain aligned with their methodologies. This rebalancing will impact various constituents across all indices, reflecting the latest market dynamics.

TortoiseEcofin's approach to investment combines the strong legacies of Tortoise and Ecofin, integrating expertise across the energy value chain and ecological finance. Their commitment to a positive social impact is evident in their support for clean energy transitions and community-focused projects.

For more information, visit www.tortoiseecofin.com or contact Eva Lipner at (913) 890-2165 or via email at info@tortoiseecofin.com.

Rhea-AI Summary
TortoiseEcofin (TortoiseEcofin) announced upcoming additions and deletions to its indices as part of its regular quarterly rebalancing for the fourth quarter of 2023. No changes are expected for Tortoise MLP Index (TMLP/TMLPT) and Tortoise North American Pipeline IndexSM (TNAP/TNAPT). However, Kitz Corp (6498 JP) will be added to the Ecofin Global Water ESG IndexSM (EGWESG/EGWESGT), and Kodiak Gas Services Inc (KGS US) will be added to the Tortoise Decarbonization Infrastructure IndexSM (DCRBN/DCRBNT), while Blink Charging Co (BLNLK US) will be removed from the latter index.
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Rhea-AI Summary

TortoiseEcofin announced its quarterly index rebalancing, effective after December 16, 2022. Changes in the Tortoise MLP Index (TMLP) include the addition of Alliance Resource Partners LP and EnLink Midstream LLC, while NGL Energy Partners LP is to be deleted. No changes are reported for the Tortoise North American Pipeline Index (TNAP) and Tortoise Decarbonization Infrastructure Index (DCRBN), with the Ecofin Global Water ESG Index (EGWESG) also seeing additions and deletions. For complete details, visit their website.

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FAQ

What does TortoiseEcofin (TNAP) do?

TortoiseEcofin invests in essential assets and services, focusing on energy infrastructure, clean energy transitions, and social impact projects.

What are the key indices managed by TortoiseEcofin?

Key indices include the Tortoise MLP Index®, Tortoise North American Pipeline IndexSM, Ecofin Global Water ESG IndexSM, and Tortoise Decarbonization Infrastructure IndexSM.

What was the recent development announced by TortoiseEcofin?

On December 8, 2023, TortoiseEcofin announced its quarterly rebalancing of indices, effective December 15, 2023.

How long has TortoiseEcofin been in operation?

TortoiseEcofin has over 20 years of experience in investing across the energy value chain.

What sectors do the TortoiseEcofin indices cover?

The indices cover energy master limited partnerships, pipeline companies, water infrastructure, and decarbonizing infrastructure.

What is the Tortoise North American Pipeline IndexSM?

It is a capitalization-weighted index of pipeline companies mainly operating in the U.S. and Canada, engaged in transporting natural gas, crude oil, and refined products.

What impact does the quarterly rebalancing have?

The rebalancing ensures that the indices remain aligned with their methodologies, reflecting the latest market conditions.

Where can I find more information about TortoiseEcofin's indices?

Detailed constituent lists and more information can be found on TortoiseEcofin's official website, www.tortoiseecofin.com.

How can I contact TortoiseEcofin for more information?

You can contact Eva Lipner at (913) 890-2165 or via email at info@tortoiseecofin.com.

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