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

LEAWOOD, Kan.–(BUSINESS WIRE)–Tortoise Energy Infrastructure Corp. (NYSE: TYG) today announced that as
of Jan. 31, 2018, the company’s unaudited total assets were
approximately $2.4 billion and its unaudited net asset value was $1.5
billion, or $29.89 per share.

As of Jan. 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 415 percent, and its coverage ratio for preferred
shares was 315 percent. For more information on calculation of coverage
ratios, please refer to the company’s most recent applicable prospectus.

Year-to-date, through Jan. 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
Jan. 31, 2018 and a summary of its top 10 holdings.

Unaudited balance sheet

(in Millions) Per Share
Investments $ 2,410.2 $ 48.75
Cash and Cash Equivalents 0.2 0.00
Receivable for Investments Sold 3.6 0.07
Current Tax Asset 13.0 0.26
Other Assets 19.6 0.40
Total Assets 2,446.6 49.48
Credit Facility Borrowings 109.2 2.21
Senior Notes 412.5 8.34
Preferred Stock 165.0 3.34
Total Leverage 686.7 13.89
Payable for Investments Purchased 7.2 0.14
Other Liabilities 6.2 0.13
Deferred Tax Liability 268.7 5.43
Net Assets $ 1,477.8 $ 29.89

49.44 million common shares currently outstanding.

Top 10 holdings (as of Jan. 31, 2018)

Name

Ticker

Market
Value
(in
Millions)

% of Investment
Securities(1)

Energy Transfer Partners, L.P. ETP $ 228.4 9.5%
Magellan Midstream Partners, L.P. MMP 197.5 8.2%
Enterprise Products Partners L.P. EPD 180.1 7.5%
Andeavor Logistics LP ANDX 149.8 6.2%
Buckeye Partners, L.P. BPL 149.4 6.2%
MPLX LP MPLX 147.6 6.1%
Western Gas Partners, LP WES 143.3 5.9%
Plains All American Pipeline, L.P. PAA 101.0 4.2%
EQT Midstream Partners, LP EQM 94.4 3.9%
Enbridge Energy Partners, L.P. EEP 92.9 3.9%
Total $ 1,484.4 61.6%

(1)Percent of Investments and Cash Equivalents.

About Tortoise Energy Infrastructure Corp.

Tortoise Energy Infrastructure Corp. (NYSE: TYG) owns a portfolio of
master limited partnership investments in the energy infrastructure
sector. Tortoise Energy Infrastructure Corp.’s objective is to provide
its stockholders a high level of total return with an emphasis on
current distributions.

About Tortoise Capital Advisors, L.L.C.

Tortoise Capital Advisors, L.L.C., is a registered investment adviser
specializing in essential assets investing. Essential assets are those
that are indispensable and necessary to the functioning of our economy
and our society as a whole, such as education, healthcare,
infrastructure and energy. For more information, visit www.tortoiseadvisors.com.

Safe harbor statement

This press release shall not constitute an offer to sell or a
solicitation to buy, nor shall there be any sale of these securities in
any state or jurisdiction in which such offer or solicitation or sale
would be unlawful prior to registration or qualification under the laws
of such state or jurisdiction.

Forward-Looking Statement

This press release contains certain statements that may include
“forward-looking statements” within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange Act of
1934. All statements, other than statements of historical fact, included
herein are "forward-looking statements." Although the company and
Tortoise Capital Advisors believe that the expectations reflected in
these forward-looking statements are reasonable, they do involve
assumptions, risks and uncertainties, and these expectations may prove
to be incorrect. Actual results could differ materially from those
anticipated in these forward-looking statements as a result of a variety
of factors, including those discussed in the company’s reports that are
filed with the Securities and Exchange Commission. You should not place
undue reliance on these forward-looking statements, which speak only as
of the date of this press release. Other than as required by law, the
company and Tortoise Capital Advisors do not assume a duty to update
this forward-looking statement.

Contacts

Tortoise Capital Advisors, L.L.C.
Pam Kearney, 866-362-9331
Investor
and Public Relations
[email protected]