Tortoise has announced that it rebranded its sustainable-focused investing strategies to Ecofin. The parent company, now named TortoiseEcofin, acquired Ecofin Limited in 2018 as part of its efforts to expand its sustainable investing expertise and global footprint.
“As the demand for sustainable and impact products has continued to grow, we made the strategic decision to house our products dedicated to impact and sustainability under one umbrella, Ecofin,” said Kevin Birzer, CEO of TortoiseEcofin. “We continue our focus on essential assets investing through two separate brands: Tortoise, which focuses on power & energy infrastructure and energy evolution; and Ecofin, which focuses on sustainable infrastructure, energy transition, water & environment and social impact.”
Ecofin is a sustainable investment firm with a mission to generate strong risk-adjusted returns while making a positive impact on society. The Ecofin team manages approximately $1.2 billion in assets under management as of August 31, 2020.