E Point Zero Holding RSC Limited (ePointZero), an Abu Dhabi-based global investment company, has entered into an agreement to acquire a 100% stake in US-based Traverse Midstream Partners, a portfolio company of The Energy & Minerals Group (EMG), in a deal valued at nearly $2.25 billion.
E Point Zero Holding, a subsidiary of Two Point Zero Group, will acquire US-based Traverse Midstream Partners for $2.25 billion, expanding its portfolio of energy, infrastructure, and strategic assets supporting electrification, digitalisation, and energy resilience.
Etihad Water and Electricity (EtihadWE) has signed an MoU with ePointZero, part of the International Holding Company, to explore new power generation projects and assist in the UAE's transition to clean energy solutions across the energy value chain.
