7/29/2005 TYG

Tortoise Energy Capital Corporation Releases 2005 Semi-Annual Report

July 29, 2005 (Overland Park, KS) - Tortoise Energy Capital Corporation (NYSE:TYY) has released its 2005 Semi-annual report to stockholders. The full report is available online at www.tortoiseadvisors.com. Stockholders can also request a copy of the report from the Company by calling (913) 981-1020.

The report is for the brief period from inception through the end of the Company's fiscal quarter May 31, 2005, which is also the day proceeds from the initial public offering were received and operations commenced.

About Tortoise Capital

Tortoise Energy Capital Corporation's investment objective is to provide its stockholders with a high level of total return with an emphasis on current distributions paid to stockholders. Tortoise Capital provides financing primarily for master limited partnerships and their affiliates in the energy infrastructure sector which engage in the business of gathering, transporting, processing, storing, distributing or marketing natural gas, natural gas liquids, coal, crude oil, refined petroleum products or other natural resources, or exploring, developing, managing or producing such commodities.

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.

     Tortoise Capital Advisors, L.L.C.
     Investor Relations, 913-981-1020