Tortoise Energy Infrastructure Corp. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of July 31, 2018

Tortoise Energy Infrastructure Corp. (NYSE: TYG) today announced that as of July 31, 2018, the company’s unaudited total assets were approximately $2.5 billion and its unaudited net asset value was $1.5 billion, or $27.72 per share.

As of July 31, 2018, the company was in compliance with its asset coverage ratios under the Investment Company Act of 1940 (the 1940 Act) and basic maintenance covenants. The company’s asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 405 percent, and its coverage ratio for preferred shares was 310 percent. For more information on calculation of coverage ratios, please refer to the company’s most recent applicable prospectus.

Year-to-date, through July 31, 2018, the company issued 62,700 shares of common stock under its at-the-market equity offering program for gross proceeds of approximately $2.0 million.

Set forth below is a summary of the company’s unaudited balance sheet at July 31, 2018 and a summary of its top 10 holdings.

Unaudited Balance Sheet
					(in Millions)				Per Share
Investments					$	2,421.8			$	45.21
Cash and Cash Equivalents						0.3				0.00
Current Tax Asset						13.9				0.26
Other Assets						18.1				0.34
Total Assets						2,454.1				45.81
Credit Facility Borrowings						151.7				2.83
Senior Notes						390.0				7.28
Preferred Stock						165.0				3.08
Total Leverage						706.7				13.19
Other Liabilities						6.2				0.12
Deferred Tax Liability						256.2				4.78
Net Assets					$	1,485.0			$	27.72
53.57 million common shares currently outstanding.