================================================================================


 Securities and Exchange Commission
 Washington, DC 20549
 Rule 23c-2 Notice of Intention to
 Redeem Securities

 of

 Tortoise Energy Capital Corporation
 11550 Ash Street, Suite 300
 Leawood, Kansas 66211

 under the

 Investment Company Act of 1940

 Securities Act File No. 333-149315
 Investment Company Act File No. 811-21725


(1) Title of the class of securities of Tortoise Energy Capital Corporation
 (the "Company") to be redeemed:

 Series II Money Market Cumulative Preferred Shares (CUSIP: 89147U308)
 (the "Series II MMP Shares") to be partially redeemed.


(2) Date on which the securities are to be called or redeemed:

 The Series II MMP Shares will be partially redeemed on October 2, 2008


(3) Applicable provisions of the governing instrument pursuant to which the
 securities are to be redeemed:

 The Series II MMP Shares are to be partially redeemed pursuant to
 Section (3)(a)(i) of Part I of the Company's Articles Supplementary
 dated as of April 3, 2007.


(4) The principal amount or number of shares and the basis upon which the
 securities to be redeemed are to be selected:

 The Company intends to redeem, by lot in base denominations of
 $25,000, a portion of its outstanding Series II MMP Shares,
 representing an aggregate liquidation preference amount of $5,000,000.

================================================================================





 SIGNATURE

 Pursuant to the requirement of Rule 23c-2 under the Investment Company Act
of 1940, the Company has duly caused this Notice of Intention to Redeem
Securities to be signed on its behalf by the undersigned on this 15th day of
September 2008.

 TORTOISE ENERGY CAPITAL CORPORATION


 By: /s/ P. Bradley Adams
 -------------------------------------
 Name: P. Bradley Adams
 Title: Assistant Treasurer


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