Tortoise Energy Capital (TYY) Stock Price, News & Analysis

Tortoise Energy Capital Corporation is a closed-end investment company investing in equity securities of Master Limited Partnerships (MLPs) and their affiliates in the energy infrastructure sector. Its investment objective is to seek a high-level of total return with an emphasis on current distributions to stockholders. It provides its stockholders an alternative to investing directly in MLPs and their affiliates. The Company primarily invests in MLPs and their affiliates in the energy infrastructure sector. Energy infrastructure MLPs are engaged in the transportation, storage and processing of crude oil, natural gas and refined products from production points to the end users. The investment advisor of the Company is Tortoise Capital Advisors, L.L.C. In June 2014, Tortoise Capital Advisors, L.L.C. announced that it has completed the merger of Tortoise Energy Infrastructure Corp. (TYG), Tortoise Energy Capital Corp. (TYY) and Tortoise North American Energy Corp. (TYN).