Stay ahead with strategies built for the future of energy.
Global demand is rising, U.S. natural gas is in high demand, and electricity consumption is accelerating at an unprecedented pace. The energy sector is no longer defined by oil alone. It now spans natural gas, electrification, modern infrastructure, and next-generation technologies. At Tortoise Capital, our approach to energy investing reflects a focus on evolving market dynamics, helping investors navigate a rapidly changing world. Our strategies are built for what’s next: resilient infrastructure, smarter grids, and global demand that isn’t slowing down.
Broad Energy
For those seeking a balanced option
Broad Energy covers the full spectrum of energy in North America—from production and transportation to end-use consumption. While traditional sources like oil and natural gas remain foundational, the landscape is steadily evolving to include renewable sources and emerging technologies. Energy powers every corner of the economy, fueling transportation, electricity, industry, residential living, and chemical manufacturing—making it essential to both economic growth and everyday life.
Investment application:
Positioned as a core portfolio allocation, this category offers broad exposure to the energy sector with a potential value tilt.
Energy Infrastructure
For those seeking income
Energy Infrastructure encompasses the physical assets that keep energy moving—pipelines, storage facilities, and transportation networks. The primary focus is on natural gas infrastructure (including pipelines, liquefied natural gas (LNG) export infrastructure, and storage) and liquids infrastructure (such as crude oil and refined product pipelines, as well as natural gas liquids (NGL) facilities). While it does not include oil and gas production, it can extend to utilities connected to the natural gas value chain, including natural gas utilities and local distribution companies (LDCs) that deliver energy to consumers at the community level.
Investment application:
With its potential for stable, contract-driven cash flows, energy infrastructure can help reduce portfolio volatility while potentially offering real asset diversification and high current income.
Electrification Infrastructure
For those seeking growth
Electrification Infrastructure includes the systems that generate, transmit, and distribute electricity—from natural gas and nuclear tor renewables like wind and solar. The emphasis is not solely on power generation, but on the infrastructure required to meet growing electricity demand. Key components include natural gas and electric utilities, independent power producers (IPPs), LNG infrastructure, and local distribution companies that ensure reliable energy delivery across the grid. This category covers the electricity delivery chain—from generation to distribution—as a response to the secular shift in how we power our lives.
Investment application:
This category can be a growth-oriented allocation within a diversified portfolio-with the potential benefit from long-term electrification trends.
Energy Adjacent
For those seeking opportunistic total return growth
Energy Adjacent represents the cross section between energy and innovation. It includes strategies from sectors where energy plays a critical role in their success, such as artificial intelligence and natural resources.
Investment application:
The strategies in this category can be a core equity allocation or provide satellite exposure for more niche exposure.
Energy Theme Comparison
| Category | What it Includes | Why Now | Role in Portfolio | Portfolio Characteristics |
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| Broad Energy See products | Production, transportation, and consumption of all energies in North America. |
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| Energy Infrastructure See products | Physical assets, storage, and transportation networks that enable the flow of energy. |
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| Electrification Infrastructure See products | Generation, transmission, and distribution of electricity, natural gas, and a range of utilities. |
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| Energy Adjacent See products | Opportunities where energy has a critical role in adding to the value chain and success of the sector |
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*Source: Tortoise Capital
There is no guarantee that a particular investment strategy will be successful. Diversification does not assure a profit or protect against loss in a declining market.