Tortoise Capital Announces Tortoise Decarbonization Infrastructure Index Constituent Changes Due to Corporate Action
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 08 2024
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Source: accesswire
Removal of Tellurian Inc from Index: Tortoise Capital announced that Tellurian Inc will be removed from the Tortoise Decarbonization Infrastructure Index due to its acquisition by Woodside Energy Group, effective October 10, 2024. The weight of TELL will be redistributed among the remaining index constituents.
About Tortoise Capital and Index: Tortoise Capital manages approximately $8.3 billion in assets and focuses on decarbonizing infrastructure companies primarily involved in natural gas and renewable energy sectors, providing benchmarks for investment professionals through their indices.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
