Tortoise Captial Advisors
 

Tortoise Energy Infrastructure Corp. Prices Offering of Common Shares

OVERLAND PARK, Kan. – December 13, 2006 – Tortoise Energy Infrastructure Corp. (NYSE: TYG) today announced that the company has priced the sale of 1,500,000 newly issued shares of its common stock. The company estimates that its net proceeds from this offering, after expenses and without exercise of the overallotment option, will be approximately $50 million. The company intends to use all of the net proceeds to retire a portion the company's short-term debt of approximately $51.25 million, which it incurred in connection with the acquisition of equity portfolio securities and certain open market purchases in pursuit of its investment objective and policies.

Merrill Lynch & Co. is acting as the sole underwriter for this offering.

The company has granted the underwriter of the offering a 45-day option to purchase a maximum of 225,000 additional shares of its common stock solely to cover over-allotments.

The offering is pursuant to an existing effective shelf registration statement on Form N-2 previously filed with the Securities and Exchange Commission. An investor should read the prospectus supplement and prospectus carefully before investing. The prospectus supplement and prospectus contain important information about the company's investment objective, risks, charges and expenses. A copy of the prospectus supplement and prospectus relating to the offering may be obtained from Merrill Lynch & Co., 4 World Financial Center, 250 Vesey Street, New York, New York.

About Tortoise Energy Infrastructure Corp.

Tortoise Energy Infrastructure Corp. owns a portfolio of master limited partnership investments in the energy infrastructure sector. Tortoise Energy Infrastructure Corp.'s goal is to provide its shareholders with a high level of total return with an emphasis on current distributions to stockholders.

About Tortoise Capital Advisors, LLC

Tortoise Capital Advisors, LLC, the adviser to Tortoise Energy Infrastructure Corp. is a pioneer in the capital markets for master limited partnership (MLP) investment companies and a leader in closed-end funds and separately managed accounts focused on MLPs in the energy infrastructure sector. To date, the adviser has approximately $2 billion of energy infrastructure investment assets under management.

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 the 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. The offering may be made only by means of the prospectus and related prospectus supplement, which should be read carefully before investing. Investors should carefully consider the investment objective, risks, charges and expenses carefully before investing.

Contact information:
Tortoise Capital Advisors, LLC
Pam Kearney, Investor Relations, (913) 322-5839,
pkearney@tortoiseadvisors.com