Business
ePointZero Acquires Traverse Midstream Partners for $2.25 Billion in All-Cash Deal
July 15, 2026 at 09:29 AM
Coverage
ePointZero, part of 2PointZero Group, has completed its acquisition of Traverse Midstream Partners for $2.25 billion, gaining minority stakes in two US natural gas pipeline systems.
- ePointZero acquired a 35% stake in the Rover Pipeline and a 25% stake in the Ohio River System dry gas gathering system, both operated by Energy Transfer.
- Sheikh Zayed bin Hamdan bin Zayed Al Nahyan, Chairman of 2PointZero, said the acquisition reflects the company's commitment to investing in critical infrastructure in the United States.
- Mohamed Hisham, CEO of ePointZero, said the deal provides a platform for the company's expansion in North America.
- The acquired assets are located in the Appalachian Basin and are backed by long-term supply contracts.