Ecofin Sustainable and Social Impact Term Fund Provides Positive Update on Balance Sheet and Direct Investments

Ecofin Sustainable and Social Impact Term Fund (NYSE:TEAF) has released an unaudited balance sheet update, showcasing its strong financial position. As of September 29, 2023, the company reported total assets of approximately $233.2 million, with a net asset value of $199.9 million, or $14.82 per share. This indicates the fund’s stability and ability to generate positive returns for its shareholders.

Furthermore, TEAF’s asset coverage ratio, a measure of its ability to cover senior securities representing indebtedness, stood at an impressive 725% under the 1940 Act. This demonstrates the fund’s commitment to maintaining a solid financial foundation while pursuing sustainable and socially impactful investments.

Investors can find detailed information on TEAF’s top 10 holdings on the fund’s portfolio web page at cef.ecofininvest.com/funds/teaf. Additionally, the company provides regular updates on its direct investments, which can be accessed on their website at cef.ecofininvest.com/funds/teaf/#portfolio. The website also includes a list of all completed private deals since the fund’s inception.

TCA Advisors serves as the adviser to Ecofin Sustainable and Social Impact Term Fund, with Ecofin Advisors Limited acting as the fund’s sub-adviser. The collaboration between these entities ensures that the fund is managed by experienced professionals dedicated to achieving sustainable investment objectives.

It is important to note that this press release does not constitute an offer to sell or a solicitation to buy securities. The fund and TCA Advisors comply with all applicable laws and regulations governing such transactions.

Investors are encouraged to review the fund’s reports filed with the Securities and Exchange Commission for a comprehensive understanding of the risks and uncertainties associated with investing. The fund and TCA do not assume a duty to update forward-looking statements, except as required by law.

For more information on Ecofin Sustainable and Social Impact Term Fund, please visit cef.ecofininvest.com or contact Eva Lipner at (913) 981-1020 or info@tortoiseecofin.com.

About Ecofin Sustainable and Social Impact Term Fund:
Ecofin Sustainable and Social Impact Term Fund (TEAF) is a leading investment fund that focuses on sustainable and socially responsible investments. With a strong balance sheet and a commitment to direct investments, TEAF aims to generate positive financial returns while making a positive impact on society and the environment.