Annual Report of Proxy Voting Record for Management Investment Companies (n-px)

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

 

 

FORM N-PX

 

 

ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY

 

Investment Company Act file number 

811-22106

Tortoise Power & Energy Infrastructure Fund, Inc.

(Exact Name of Registrant as specified in charter)

6363 College Boulevard, Suite 100A, Overland Park, KS 66211

(Address of Principal Executive Offices) (Zip code)

P. Bradley Adams

6363 College Boulevard, Suite 100A, Overland Park, KS 66211

(Name and Address of Agent For Service)

Registrant's telephone number, including area code: 913-981-1020

Date of fiscal year end: November 30

Date of reporting period: July 1, 2020 - June 30, 2021

Item 1. Proxy Voting Record

Vote Summary

NEXTERA ENERGY PARTNERS, LP

Security

65341B106

Meeting Type

Annual

Ticker Symbol

NEP

Meeting Date

20-Apr-2021

ISIN

US65341B1061

Proposed

Item

Proposal

Vote

For/Against

by

Management

Management

1A.

For

For

Election of Director: Susan D. Austin

Management

1B.

For

For

Election of Director: Robert J. Byrne

Management

1C.

For

For

Election of Director: Peter H. Kind

Management

1D.

For

For

Election of Director: James L. Robo

Management

2.

For

For

Ratification of appointment of Deloitte & Touche LLP as

NextEra Energy Partners' independent registered public

accounting firm for 2021.

Management

3.

For

For

Approval, by non-binding advisory vote, of the

compensation of NextEra Energy Partners' named

executive officers as disclosed in the proxy statement.

MAGELLAN MIDSTREAM PARTNERS,L.P.

Security

559080106

Meeting Type

Annual

Ticker Symbol

MMP

Meeting Date

22-Apr-2021

ISIN

US5590801065

Proposed

Item

Proposal

Vote

For/Against

by

Management

Management

1.

Election of Directors:

1

Robert G. Croyle

For

For

2

Stacy P. Methvin

For

For

3

Barry R. Pearl

For

For

Management

2.

For

For

Amendment of Long-Term Incentive Plan.

Management

3.

For

For

Advisory Resolution to Approve Executive

Compensation.

Management

4.

For

For

Ratification of Appointment of Independent Registered

Public Accounting Firm for 2021.

EQUITRANS MIDSTREAM CORPORATION

Security

294600101

Meeting Type

Annual

Ticker Symbol

ETRN

Meeting Date

27-Apr-2021

ISIN

US2946001011

Proposed

Item

Proposal

Vote

For/Against

by

Management

Management

1A.

For

For

Election of Director to serve until the next annual meeting

of shareholders: Vicky A. Bailey

Management

1B.

For

For

Election of Director to serve until the next annual meeting

of shareholders: Sarah M. Barpoulis

1C.

Management

For

For

Election of Director to serve until the next annual meeting

of shareholders: Kenneth M. Burke

1D.

Management

For

For

Election of Director to serve until the next annual meeting

of shareholders: Patricia K. Collawn

Management

1E.

For

For

Election of Director to serve until the next annual meeting

of shareholders: Margaret K. Dorman

Management

For

1F.

Election of Director to serve until the next annual meeting

For

of shareholders: Thomas F. Karam

1G.

Management

For

For

Election of Director to serve until the next annual meeting

of shareholders: D. Mark Leland

Management

1H.

For

For

Election of Director to serve until the next annual meeting

of shareholders: Norman J. Szydlowski

Management

1I.

For

For

Election of Director to serve until the next annual meeting

of shareholders: Robert F. Vagt

2.

Management

For

For

Approval, on an advisory basis, of the compensation of

the Company's named executive officers for 2020 (Say-

on-Pay).

3.

Management

For

For

Approval of Amendments to the Company's Articles of

Incorporation and Bylaws to remove the supermajority

voting requirements.

Management

4.

For

For

Ratification of the appointment of Ernst & Young LLP as

the Company's independent registered public accounting

firm for 2021.

THE WILLIAMS COMPANIES, INC.

Security

969457100

Meeting Type

Annual

Ticker Symbol

WMB

Meeting Date

27-Apr-2021

ISIN

US9694571004

Proposed

Item

Proposal

Vote

For/Against

by

Management

Management

1A.

For

For

Election of Director: Alan S. Armstrong

Management

1B.

For

For

Election of Director: Stephen W. Bergstrom

Management

1C.

For

For

Election of Director: Nancy K. Buese

Management

1D.

For

For

Election of Director: Stephen I. Chazen

Management

1E.

For

For

Election of Director: Charles I. Cogut

Management

1F.

For

For

Election of Director: Michael A. Creel

Management

1G.

For

For

Election of Director: Stacey H. Doré

Management

1H.

For

For

Election of Director: Vicki L. Fuller

Management

1I.

For

For

Election of Director: Peter A. Ragauss

Management

1J.

For

For

Election of Director: Rose M. Robeson

Management

1K.

For

For

Election of Director: Scott D. Sheffield

Management

1L.

For

For

Election of Director: Murray D. Smith

Management

1M.

For

For

Election of Director: William H. Spence

Management

2.

For

For

Approval, by nonbinding advisory vote, of the Company's

executive compensation.

Management

3.

For

For

Ratification of Ernst & Young LLP as independent

auditors for 2021.

STAR PEAK ENERGY TRANSITION CORP.

Security

855185104

Meeting Type

Special

Ticker Symbol

STPK

Meeting Date

27-Apr-2021

ISIN

US8551851046

Proposed

Item

Proposal

Vote

For/Against

by

Management

Management

1.

For

For

The Business Combination Proposal - To consider and

vote upon a proposal to approve the Agreement and Plan

of Merger, dated as of December 3, 2020 (as it may be

amended and/or restated from time to time, the "Merger

Agreement"), by and among Stem, Inc., a Delaware

corporation ("Stem" or the "Company"), STPK and STPK

Merger Sub Corp., a Delaware corporation ("Merger

Sub") and the transactions contemplated thereby,

pursuant to which Merger Sub will merge with and into

Stem with Stem surviving the merger as a wholly owned

subsidiary of STPK (the "Merger").

2.

Management

For

For

The Charter Proposal - To increase the number of

authorized shares of New Stem (as defined in the

accompanying Proxy Statement/Consent Solicitation

Statement/Prospectus) common stock from 400,000,000

to 500,000,000 and to authorize the issuance of up to

1,000,000 shares of New Stem preferred stock.

3.

Management

For

For

The Charter Proposal - To eliminate the Class B

Common Stock classification and provide for a single

class of common stock.

Management

4.

For

For

The Charter Proposal - To provide that the number of

authorized shares of common stock or preferred stock

may be increased or decreased by the affirmative vote of

the holders of at least a majority of the voting power of

the stock outstanding and entitled to vote thereon

irrespective of the provisions of Section 242(b)(2) of the

Delaware General Corporation Law.

Management

5.

For

For

The Charter Proposal - To provide that any director, or

the entire board, may be removed from office at any time,

but only for cause and only by the affirmative vote of at

least 66 2/3% of the voting power of the stock

outstanding and entitled to vote thereon.

Management

6.

For

For

The Charter Proposal - To provide that amendments to

STPK's waiver of corporate opportunities will be

prospective only and provide certain other clarificatory

amendments to the waiver of corporate opportunities

provision.

7.

Management

For

For

The Charter Proposal - To provide that the vote of 66

2/3% of the voting power of the stock outstanding and

entitled to vote thereon, voting together as a single class,

shall be required to adopt, amend or repeal the bylaws or

any provision of the Proposed Charter inconsistent with

Section 5.2 of Article V (classification of the board of

directors), Article VI (Stockholder Action), Article VIII

(Amendment), Article IX (Liability of Directors), Article X

(Corporate Opportunity) or Article XI (Forum for

Adjudication of Disputes).

Management

For

8.

The Charter Proposal - Conditioned upon the approval of

For

Proposals No. 2 through 7 on the reverse side, a

proposal to approve the Proposed Charter, which

includes the approval of all other changes in the

Proposed Charter in connection with replacing the

Existing Charter with the Proposed Charter, including

changing STPK's name from "Star Peak Energy

Transition Corp." to "Stem, Inc." as of the closing of the

merger.

Management

9.

The NYSE Proposal - To consider and vote upon a

For

For

proposal to approve, for purposes of complying with

applicable listing rules of the New York Stock Exchange:

(i) the issuance of shares of New Stem Common Stock

immediately following the consummation of the merger

pursuant to the PIPE Agreements (as defined in the

accompanying Proxy Statement/Consent Solicitation

Statement/Prospectus); (ii) the issuance of shares of New

Stem Common Stock pursuant to the Merger Agreement;

and (iii) the ... (due to space limits, see proxy statement

for full proposal).

Management

10.

Against

Against

The Incentive Plan Proposal - To consider and vote upon

a proposal to approve and adopt the Incentive Plan (as

defined in the accompanying Proxy Statement/Consent

Solicitation Statement/Prospectus).

Management

For

11.

The Adjournment Proposal - To consider and vote upon a

For

proposal to adjourn the STPK Special Meeting to a later

date or dates, if necessary, to permit further solicitation

and vote of proxies if, based upon the tabulated vote at

the time of the STPK Special Meeting, there are not

sufficient votes to approve the Business Combination

Proposal, the Charter Proposals, the NYSE Proposal or

the Incentive Plan Proposal, or holders of STPK's Class

A Common Stock have elected to redeem an amount of

Class ...(due to space limits, see proxy statement for full

proposal).

NUSTAR ENERGY L.P.

Security

67058H102

Meeting Type

Annual

Ticker Symbol

NS

Meeting Date

29-Apr-2021

ISIN

US67058H1023

Proposed

Item

Proposal

Vote

For/Against

by

Management

Management

1.

Election of Directors:

1

Bradley C. Barron

For

For

2

William B. Burnett

For

For

3

W. Grady Rosier

For

For

Management

2.

For

For

To approve the Amended and Restated NuStar Energy

L.P. 2019 Long-Term Incentive Plan.

Management

3.

For

For

To ratify the appointment of KPMG LLP as NuStar

Energy L.P.'s independent registered public accounting

firm for 2021.

ATLANTICA SUSTAINABLE INFRASTRUCTURE PLC

Security

G0751N103

Meeting Type

Annual

Ticker Symbol

AY

Meeting Date

04-May-2021

ISIN

GB00BLP5YB54

Proposed

Item

Proposal

Vote

For/Against

by

Management

Management

1.

For

For

To receive the accounts and reports of the directors and

the auditors for the year ended 31 December 2020.

Management

2.

For

For

To approve the directors' remuneration report, excluding

the directors' remuneration policy, for the year ended 31

December 2020.

3.

Management

For

For

To approve the directors' remuneration policy.

4.

Management

For

For

Election of Michael Woollcombe as director of the

Company.

5.

Management

For

For

Election of Michael Forsayeth as director of the

Company.

Management

6.

For

For

Election of William Aziz as director of the Company.

Management

7.

For

For

Election of Brenda Eprile as director of the Company.

Management

8.

For

For

Election of Debora Del Favero as director of the

Company.

Management

9.

Election of Arun Banskota as director of the Company.

For

For

Management

10.

Election of George Trisic as director of the Company.

For

For

Management

11.

Re-election of Santiago Seage as director of the

For

For

Company.

12.

Management

For

For

To re-appoint Ernst & Young LLP and Ernst & Young S.L.

as auditors of the Company to hold office until December

31, 2022.

Management

13.

For

For

To authorize the Company's audit committee to

determine the remuneration of the auditors.

Management

14.

Against

Against

Authorization to issue shares.

Management

15.

For

For

Disapplication of pre-emptive rights.

Management

16.

Against

Against

Disapplication of pre-emptive rights.

Management

17.

For

For

Redemption of the share premium account.

ENBRIDGE INC.

Security

29250N105

Meeting Type

Annual

Ticker Symbol

ENB

Meeting Date

05-May-2021

ISIN

CA29250N1050

Proposed

Item

Proposal

Vote

For/Against

by

Management

Management

1

Election of Directors:

1

For

Pamela L. Carter

For

2

For

Marcel R. Coutu

For

3

For

Susan M. Cunningham

For

4

For

Gregory L. Ebel

For

5

For

J. Herb England

For

6

For

Gregory J. Goff

For

7

For

V. Maureen K. Darkes

For

8

For

Teresa S. Madden

For

9

For

Al Monaco

For

10

For

Stephen S. Poloz

For

11

For

Dan C. Tutcher

For

Management

2

For

For

Appoint the auditors Appoint PricewaterhouseCoopers

LLP as auditors of Enbridge and authorize the directors

to set their remuneration

Management

For

3

Advisory vote on executive compensation Accept

For

Enbridge's approach to executive compensation, as

disclosed in the Management Information Circular

TC ENERGY CORPORATION

Security

87807B107

Meeting Type

Annual

Ticker Symbol

TRP

Meeting Date

07-May-2021

ISIN

CA87807B1076

Proposed

Item

Proposal

Vote

For/Against

by

Management

Management

01

Election of Directors:

1

For

Stéphan Crétier

For

2

For

Michael R. Culbert

For

3

For

Susan C. Jones

For

4

For

Randy Limbacher

For

5

For

John E. Lowe

For

6

For

David MacNaughton

For

7

For

François L. Poirier

For

8

For

Una Power

For

9

For

Mary Pat Salomone

For

10

For

Indira V. Samarasekera

For

11

For

D. Michael G. Stewart

For

12

For

Siim A. Vanaselja

For

13

For

Thierry Vandal

For

Management

02

For

For

Resolution to appoint KPMG LLP, Chartered Professional

Accountants as auditors and authorize the directors to fix

their remuneration.

Management

For

03

Resolution to accept TC Energy's approach to executive

For

compensation, as described in the Management

information circular.

4

Management

For

For

Resolution to approve amendments to TC Energy's By-

law Number 1, as described in the Management

information circular.

KINDER MORGAN, INC.

Security

49456B101

Meeting Type

Annual

Ticker Symbol

KMI

Meeting Date

12-May-2021

ISIN

US49456B1017

Proposed

Item

Proposal

Vote

For/Against

by

Management

Management

1A.

For

For

Election of Director for a one year term expiring in 2022:

Richard D. Kinder

Management

1B.

For

For

Election of Director for a one year term expiring in 2022:

Steven J. Kean

1C.

Management

For

For

Election of Director for a one year term expiring in 2022:

Kimberly A. Dang

1D.

Management

For

For

Election of Director for a one year term expiring in 2022:

Ted A. Gardner

Management

1E.

For

For

Election of Director for a one year term expiring in 2022:

Anthony W. Hall, Jr.

Management

For

1F.

Election of Director for a one year term expiring in 2022:

For

Gary L. Hultquist

1G.

Management

For

For

Election of Director for a one year term expiring in 2022:

Ronald L. Kuehn, Jr.

Management

1H.

For

For

Election of Director for a one year term expiring in 2022:

Deborah A. Macdonald

Management

1I.

For

For

Election of Director for a one year term expiring in 2022:

Michael C. Morgan

1J.

Management

For

For

Election of Director for a one year term expiring in 2022:

Arthur C. Reichstetter

Management

1K.

For

For

Election of Director for a one year term expiring in 2022:

C. Park Shaper

Management

1L.

For

For

Election of Director for a one year term expiring in 2022:

William A. Smith

1M.

Management

For

For

Election of Director for a one year term expiring in 2022:

Joel V. Staff

1N.

Management

For

For

Election of Director for a one year term expiring in 2022:

Robert F. Vagt

Management

1O.

For

For

Election of Director for a one year term expiring in 2022:

Perry M. Waughtal

Management

2.

Approval of the Kinder Morgan, Inc. 2021 Amended and

For

For

Restated Stock Incentive Plan.

3.

Management

For

For

Ratification of the selection of PricewaterhouseCoopers

LLP as our independent registered public accounting firm

for 2021.

4.

Management

For

For

Approval, on an advisory basis, of the compensation of

our named executive officers.

SEMPRA ENERGY

Security

816851109

Meeting Type

Annual

Ticker Symbol

SRE

Meeting Date

14-May-2021

ISIN

US8168511090

Proposed

Item

Proposal

Vote

For/Against

by

Management

Management

1A.

For

For

Election of Director: Alan L. Boeckmann

Management

1B.

For

For

Election of Director: Andrés Conesa

Management

1C.

For

For

Election of Director: Maria Contreras-Sweet

Management

1D.

For

For

Election of Director: Pablo A. Ferrero

Management

1E.

For

For

Election of Director: William D. Jones

Management

1F.

For

For

Election of Director: Jeffrey W. Martin

Management

1G.

For

For

Election of Director: Bethany J. Mayer

Management

1H.

For

For

Election of Director: Michael N. Mears

Management

1I.

For

For

Election of Director: Jack T. Taylor

Management

1J.

For

For

Election of Director: Cynthia L. Walker

Management

1K.

For

For

Election of Director: Cynthia J. Warner

Management

1L.

For

For

Election of Director: James C. Yardley

Management

2.

For

For

Ratification of Appointment of Independent Registered

Public Accounting Firm.

Management

3.

For

For

Advisory Approval of Our Executive Compensation.

Shareholder

4.

Against

For

Shareholder Proposal Requesting an Amendment to Our

Proxy Access Bylaw to Eliminate the Shareholder

Nominating Group Limit.

5.

Shareholder

Against

For

Shareholder Proposal Requesting a Report on Alignment

of Our Lobbying Activities with the Paris Agreement.

PLAINS GP HOLDINGS, L.P.

Security

72651A207

Meeting Type

Annual

Ticker Symbol

PAGP

Meeting Date

19-May-2021

ISIN

US72651A2078

Proposed

Item

Proposal

Vote

For/Against

by

Management

Management

1.

Election of Directors:

1

Greg L. Armstrong

For

For

2

John T. Raymond

For

For

3

Bobby S. Shackouls

For

For

4

Christopher M. Temple

For

For

Management

2.

For

For

Ratification of the appointment of

PricewaterhouseCoopers LLP as our independent

registered public accounting firm for 2021.

Management

3.

For

For

The approval, on a non-binding advisory basis, of our

named executive officer compensation.

4.

Management

For

For

The approval of the Plains All American 2021 Long-Term

Incentive Plan.

DTE ENERGY COMPANY

Security

233331107

Meeting Type

Annual

Ticker Symbol

DTE

Meeting Date

20-May-2021

ISIN

US2333311072

Proposed

Item

Proposal

Vote

For/Against

by

Management

Management

1.

Election of Directors:

1

Gerard M. Anderson

For

For

2

David A. Brandon

For

For

3

Charles G. McClure, Jr.

For

For

4

Gail J. McGovern

For

For

5

Mark A. Murray

For

For

6

Gerardo Norcia

For

For

7

Ruth G. Shaw

For

For

8

Robert C. Skaggs, Jr.

For

For

9

David A. Thomas

For

For

10

Gary H. Torgow

For

For

11

James H. Vandenberghe

For

For

12

Valerie M. Williams

For

For

Management

2.

For

For

Ratify the appointment of PricewaterhouseCoopers LLP

as our independent auditors.

Management

3.

For

For

Provide a nonbinding vote to approve the Company's

executive compensation.

4.

Management

For

For

Vote on a management proposal to amend and restate

the Long-Term Incentive Plan to authorize additional

shares.

5.

Shareholder

For

Against

Vote on a shareholder proposal to make additional

disclosure of political contributions.

Shareholder

6.

For

Against

Vote on a shareholder proposal to publish a

greenwashing audit.

ONEOK, INC.

Security

682680103

Meeting Type

Annual

Ticker Symbol

OKE

Meeting Date

26-May-2021

ISIN

US6826801036

Proposed

Item

Proposal

Vote

For/Against

by

Management

Management

1A.

For

For

Election of Director: Brian L. Derksen

Management

1B.

For

For

Election of Director: Julie H. Edwards

Management

1C.

For

For

Election of Director: John W. Gibson

Management

1D.

For

For

Election of Director: Mark W. Helderman

Management

1E.

For

For

Election of Director: Randall J. Larson

Management

1F.

For

For

Election of Director: Steven J. Malcolm

Management

1G.

For

For

Election of Director: Jim W. Mogg

Management

1H.

For

For

Election of Director: Pattye L. Moore

Management

1I.

For

For

Election of Director: Eduardo A. Rodriguez

Management

1J.

For

For

Election of Director: Gerald B. Smith

Management

1K.

For

For

Election of Director: Terry K. Spencer

Management

2.

For

For

Ratification of the selection of PricewaterhouseCoopers

LLP as the independent registered public accounting firm

of ONEOK, Inc. for the year ending December 31, 2021.

Management

3.

For

For

An advisory vote to approve ONEOK, Inc.'s executive

compensation.