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Associated Press
31-07-2025
- Business
- Associated Press
Tortoise Capital Releases Combined 2025 Closed-End Fund Semi-Annual Report
OVERLAND PARK, KS / ACCESS Newswire / July 30, 2025 / Tortoise Capital today announced the release of the combined 2025 semi-annual stockholders' report for the Tortoise Energy Infrastructure Corp. (NYSE:TYG) and Tortoise Sustainable and Social Impact Term Fund (NYSE:TEAF). The semi-annual report is available online at Please call (866) 362-9331 or email [email protected] to request a hard copy of this report free of charge. About Tortoise Capital With approximately $9.1 billion in assets under management as of June 30, 2025, Tortoise Capital's record of investment experience and research dates back more than 20 years. As an early investor in midstream energy, Tortoise Capital believes it is well-positioned to be at the forefront of the global energy evolution that is under way. Based in Overland Park, Kansas, Tortoise Capital Advisors, L.L.C. is an SEC-registered fund manager that invests primarily in publicly traded companies in the energy and power infrastructure sectors-from production to transportation to distribution. For more information about Tortoise Capital, visit Tortoise Capital Advisors, L.L.C. is the adviser to Tortoise Energy Infrastructure Corp. and Tortoise Sustainable and Social Impact Term Fund. For additional information on these funds, please visit 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. 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. Media Contacts Craft & Capital Chris Sullivan [email protected] Rob Jesselson [email protected] SOURCE: Tortoise Capital press release
Yahoo
28-07-2025
- Automotive
- Yahoo
Jefferies Maintains Buy And Raises Price Target On MasTec Inc. (MTZ)
MasTec Inc. (NYSE:MTZ) is among the 13 Best Electrical Infrastructure Stocks to Invest In. Jefferies maintained its Buy recommendation on MasTec Inc. (NYSE:MTZ) on June 27 but raised its price objective from $193 to $213. It is among the Best Electrical Equipment Stocks. A workforce of engineers and construction workers in professional gear, showcasing the company's capabilities in developing energy infrastructure solutions. The company acknowledged MasTec Inc. (NYSE:MTZ)'s 'solid' Q2 momentum in a research note to investors, pointing to the company's expanding backlog, margin performance, and strength across its end markets. Its stock is regarded by Jefferies as one of the most attractive in the entire coverage universe. The updated goal reflects increasing assurance about MasTec Inc. (NYSE:MTZ)'s ability to meet demand and execute. A solid project pipeline is being driven by the company's substantial infrastructure investment. Analysts highlight the company's capacity to turn backlog into profitable expansion, supported by careful cost control and advantageous industry conditions. According to Jefferies, MasTec Inc. (NYSE:MTZ)'s position as a major infrastructure provider is strengthened by its expanding exposure in energy, power delivery, and communications, as well as its improved profits. While we acknowledge the potential of MTZ as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 High-Growth EV Stocks to Invest In and 13 Best Car Stocks to Buy in 2025. Disclosure. None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Emirates 24/7
21-07-2025
- Business
- Emirates 24/7
DEWA is the first utility in the region to win the Energy Infrastructure Award at the Global Platts Energy Awards
HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA) has received the certificate for the Energy Infrastructure Award, which DEWA won at the prestigious 2024 S&P Global Platts Energy Awards for the Mohammed bin Rashid Al Maktoum Solar Park. Outperforming 1,000 leading companies that applied for this global honour, DEWA is the first utility in the Middle East and North Africa to receive this award. The Platts Global Energy Awards, presented by S&P Global Commodity Insights, are a prestigious annual event recognising excellence in the energy industry. Often called the 'Oscars of the energy industry,' they acknowledge individuals and corporations for their achievements in innovation, leadership, and contributions to shaping the future of the energy sector. The awards cover various categories, including sustainability, innovation, energy infrastructure, and technology, and have been presented since 1999, drawing participation from leading global energy companies and innovators. 'Guided by the vision of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, and His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, excellence has become a genuine and continuous approach in the UAE. Based on this proactive vision, and in line with the Dubai Clean Energy Strategy 2050 and the Dubai Net Zero Carbon Emissions Strategy 2050 to provide 100% of energy production capacity from clean sources by 2050, we look forward to broader horizons of leadership and innovation. We continue to strengthen our preparedness for the future and advance the sustainability of our robust, integrated infrastructure – ensuring it can meet the ambitions of both current and future generations while keeping pace with Dubai's flourishing urban and demographic growth. Receiving the Energy Infrastructure Award at the esteemed 2024 S&P Global Platts Energy Awards underscores DEWA's pioneering role in innovation and renewable and clean energy. This achievement is a testament to the tireless dedication and hardwork of DEWA's entire team,' said HE Saeed Mohammed Al Tayer, MD & CEO of DEWA. The Mohammed bin Rashid Al Maktoum Solar Park is the largest single-site solar park in the world, using the independent power producer (IPP) model. DEWA aims to increase the solar park's planned production capacity to 7,260 megawatts (MW) by 2030. Its current production capacity stands at 3,860MW, using photovoltaic solar panels and concentrated solar power (CSP) technologies. The fourth phase of the solar park has also set four Guinness World Records.
The Independent
16-07-2025
- Politics
- The Independent
Russia launches new attacks on Ukraine with the countdown to a US peace deadline underway
Russian weapons pounded four Ukrainian cities overnight from Tuesday to Wednesday, injuring at least 15 people in an attack that mostly targeted energy infrastructure, officials said. The latest bombardment in Russia's escalating aerial campaign against civilian areas came ahead of a Sept. 2 deadline set by U.S. President Donald Trump for the Kremlin to reach a peace deal in the three-year war, under the threat of possible severe Washington sanctions if it doesn't. No date has yet been publicly set for a possible third round of direct peace talks between delegations from Russia and Ukraine. Two previous rounds delivered no progress apart from prisoner swaps. Russia launched 400 Shahed and decoy drones, as well as one ballistic missile, during the night, the Ukrainian air force said. The strikes targeted northeastern Kharkiv, which is Ukraine's second-largest city, President Volodymyr Zelenskyy's hometown of Kryvyi Rih in central Ukraine, Vinnytsia in the west and Odesa in the south. 'Russia does not change its strategy,' Zelenskyy said. 'To effectively counter this terror, we need a systemic strengthening of defense: more air defense, more interceptors, and more resolve so that Russia feels our response.' Trump on Monday pledged to deliver more weapons to Ukraine, including vital Patriot air defense systems, and threatened to slap additional sanctions on Russia. It was Trump's toughest stance toward Russian President Vladimir Putin since he returned to the White House nearly six months ago. But some U.S. lawmakers and European government officials expressed misgivings that the 50-day deadline handed Putin the opportunity to capture more Ukrainian territory before any settlement to end the fighting. Other U.S. ultimatums to Putin in recent months have failed to persuade the Russian leader to stop his invasion of neighboring Ukraine. Tens of thousands of soldiers have been killed in the war, many of them along the more than 1,000-kilometer (620-mile) front line, and Russian barrages of cities have killed more than 12,000 Ukrainian civilians, the United Nations says. The Institute for the Study of War, a Washington think tank, said Tuesday that 'Putin holds a theory of victory that posits that Russia can achieve its war aims by continuing to make creeping gains on the battlefield indefinitely and outlasting Western support for Ukraine and Ukraine's ability to defend itself.' Trump said the U.S. is providing additional weapons for Ukraine but European countries are paying for them. While Ukraine and European officials were relieved at the U.S. commitment after months of hesitation, some hoped Washington might shoulder some of the cost. 'We welcome President Trump's announcement to send more weapons to Ukraine, although we would like to see the U.S share the burden,' European Union foreign policy chief Kaja Kallas said Tuesday. 'If we pay for these weapons, it's our support.' ___ Follow AP's coverage of the war in Ukraine at
Associated Press
16-07-2025
- Politics
- Associated Press
Russia launches new attacks on Ukraine with the countdown to a US peace deadline underway
KYIV, Ukraine (AP) — Russian weapons pounded four Ukrainian cities overnight from Tuesday to Wednesday, injuring at least 15 people in an attack that mostly targeted energy infrastructure, officials said. The latest bombardment in Russia's escalating aerial campaign against civilian areas came ahead of a Sept. 2 deadline set by U.S. President Donald Trump for the Kremlin to reach a peace deal in the three-year war, under the threat of possible severe Washington sanctions if it doesn't. No date has yet been publicly set for a possible third round of direct peace talks between delegations from Russia and Ukraine. Two previous rounds delivered no progress apart from prisoner swaps. Russia launched 400 Shahed and decoy drones, as well as one ballistic missile, during the night, the Ukrainian air force said. The strikes targeted northeastern Kharkiv, which is Ukraine's second-largest city, President Volodymyr Zelenskyy's hometown of Kryvyi Rih in central Ukraine, Vinnytsia in the west and Odesa in the south. 'Russia does not change its strategy,' Zelenskyy said. 'To effectively counter this terror, we need a systemic strengthening of defense: more air defense, more interceptors, and more resolve so that Russia feels our response.' Trump on Monday pledged to deliver more weapons to Ukraine, including vital Patriot air defense systems, and threatened to slap additional sanctions on Russia. It was Trump's toughest stance toward Russian President Vladimir Putin since he returned to the White House nearly six months ago. But some U.S. lawmakers and European government officials expressed misgivings that the 50-day deadline handed Putin the opportunity to capture more Ukrainian territory before any settlement to end the fighting. Other U.S. ultimatums to Putin in recent months have failed to persuade the Russian leader to stop his invasion of neighboring Ukraine. Tens of thousands of soldiers have been killed in the war, many of them along the more than 1,000-kilometer (620-mile) front line, and Russian barrages of cities have killed more than 12,000 Ukrainian civilians, the United Nations says. The Institute for the Study of War, a Washington think tank, said Tuesday that 'Putin holds a theory of victory that posits that Russia can achieve its war aims by continuing to make creeping gains on the battlefield indefinitely and outlasting Western support for Ukraine and Ukraine's ability to defend itself.' Trump said the U.S. is providing additional weapons for Ukraine but European countries are paying for them. While Ukraine and European officials were relieved at the U.S. commitment after months of hesitation, some hoped Washington might shoulder some of the cost. 'We welcome President Trump's announcement to send more weapons to Ukraine, although we would like to see the U.S share the burden,' European Union foreign policy chief Kaja Kallas said Tuesday. 'If we pay for these weapons, it's our support.' ___ Follow AP's coverage of the war in Ukraine at
