Update on Tortoise Power and Energy Infrastructure Fund, Inc.’s Distribution Declarations and Annual Stockholders’ Meeting
June 11 2020 - 6:33PM
Business Wire
This notice provides stockholders of Tortoise Power and Energy
Infrastructure Fund, Inc. (NYSE: TPZ) with updated information from
the distribution announcement of May 7, 2020. The Board has
established a $0.05 per share monthly distribution expected to be
paid on the last business day of each month. For more information
on distributions and future declarations, please visit the fund’s
distribution page here.
Tortoise’s 2020 TYG, TPZ, NTG, TTP, NDP and TEAF Combined Annual
Stockholders’ Meeting will be held on Tuesday, June 16, 2020 at 10
a.m. CDT at Tortoise’s headquarters. For stockholders interested in
dialing in, please dial 415-655-0003, access code 133 069 4642.
Please send any questions in advance to info@tortoiseadvisors.com
by noon CDT on Monday, June 15, 2020.
About Tortoise
Tortoise invests in essential assets – those assets and services
that are indispensable to the economy and society. With a steady
wins approach and a long-term perspective, Tortoise strives to make
a positive impact on clients and communities. To learn more, please
visit www.tortoiseadvisors.com.
Tortoise Capital Advisors, L.L.C. is the Adviser to Tortoise
Energy Infrastructure Corp., Tortoise Midstream Energy Fund, Inc.,
Tortoise Pipeline & Energy Fund, Inc., Tortoise Energy
Independence Fund, Inc., Tortoise Power and Energy Infrastructure
Fund, Inc. and Tortoise Essential Assets Income Term Fund. Tortoise
Advisors UK Limited is a subadvisor to Tortoise Essential Assets
Income Term Fund.
Cautionary Statement Regarding Forward-Looking
Statements
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 funds 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 fund’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 funds and Tortoise Capital Advisors do not assume a duty to
update this forward-looking statement.
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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20200611005903/en/
Maggie Zastrow, (913) 981-1020 info@tortoiseadvisors.com
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