Tortoise Energy Infrastructure completed the merger with Tortoise Sustainable and Social Impact Term Fund.

Tortoise Energy Infrastructure, a closed-end investment fund that invests primarily in publicly traded energy infrastructure companies, completed the merger with Tortoise Sustainable and Social Impact Term Fund, a closed-end investment fund that invests in sustainable infrastructure and essential social-impact assets to generate returns while supporting environmental and community benefits. Financial terms were not disclosed. "This successful merger reinforces our commitment to delivering long-term value and simplicity for shareholders. By combining TEAF and TYG, we’ve created a larger, more efficient platform designed to enhance investor outcomes while maintaining our focus on the energy infrastructure powering the current and future economy," Tom Florence, Tortoise Capital CEO and Chairman.