Overland Park, KS - Tortoise Capital has announced the removal of BORALEX INC (Toronto Stock Exchange: BLX CN) from the Tortoise Decarbonization Infrastructure Index SM (DCRBN) due to its recent acquisition. This change will take effect when the market opens on August 17, 2026.
Following the removal of BORALEX, the weight previously assigned to the company will be redistributed pro rata among the remaining constituents of the index. This adjustment is part of the ongoing management and rebalancing of the Tortoise Decarbonization Infrastructure Index, which tracks companies engaged in decarbonizing infrastructure.
The Tortoise Decarbonization Infrastructure Index is a float-adjusted, capitalization-weighted index comprising companies that primarily own infrastructure related to natural gas and natural gas liquids. This includes pipelines, electric generation assets, battery storage facilities, and renewable energy sources. The index specifically features firms organized and operating in the United States and Canada.
Tortoise Capital, managing approximately $11.1 billion in assets as of July 31, 2026, oversees the index. The company's experience spans over 20 years in the investment sector, particularly with a focus on midstream energy investments.
Investors should note that changes to the index do not serve as recommendations for buying, selling, or holding any securities. Furthermore, Tortoise Capital and its calculation partner, Solactive AG, provide no guarantees regarding the potential accuracy or completeness of the index and its derived financial instruments.
Tortoise Capital announced that BORALEX INC (Toronto Stock Exchange:BLX CN) will be removed from the Tortoise Decarbonization Infrastructure Index SM (DCRBN) due to its announced acquisition. This change will take effect at market opening on August 17, 2026.
With the removal of BORALEX INC (BLX CN), its weight in the Tortoise Decarbonization Infrastructure Index SM (DCRBN) will be distributed pro rata among the remaining index constituents. This redistribution may affect the performance and weighting of these remaining companies in the index.
A decarbonization infrastructure company is primarily defined by Tortoise Capital as one that owns natural gas and/or natural gas liquids infrastructure, including pipelines, electric generation, and renewable energy facilities among others. These companies are organised and primarily based in the United States or Canada.
The Tortoise Decarbonization Infrastructure Index SM (DCRBN) serves to represent a float-adjusted and capitalisation weighted index of companies involved in decarbonising infrastructure. This index aims to track the performance of companies that are integral to the energy evolution towards more sustainable sources.
The announcement by Tortoise Capital does not constitute an investment recommendation to buy, sell, or hold any securities. Changes to the index are purely for informational purposes and should not be interpreted as investment advice.
The Tortoise Decarbonization Infrastructure Index is managed by Tortoise Capital, which has been in operation for over 20 years and manages approximately $11.1 billion in assets as of July 31, 2026.
Investors should note that Tortoise Capital and Solactive AG make no guarantees regarding the accuracy, completeness, or advisability of investing in the financial instruments based on the Tortoise Decarbonization Infrastructure Index SM. There are disclaimers concerning the potential inaccuracies or omissions that could impact investment decisions.
The 'Safe Harbor Statement' highlights that the press release does not constitute an offer to sell or a solicitation to buy any securities in jurisdictions where such actions would be unlawful. It also indicates that the document should not be relied upon as a formal investment proposal.