Abu Dhabi’s ePointZero Acquires US Traverse Midstream in $2.25 Billion Deal to Boost North American Gas Infrastructure
Abu Dhabi’s ePointZero acquires Traverse Midstream in a $2.25 billion deal, gaining key US natural gas pipelines and expanding its global energy infrastructure reach.
Abu Dhabi’s ePointZero acquires US Traverse Midstream in $2.25 billion deal
Abu Dhabi-based ePointZero has agreed to buy US midstream company Traverse Midstream Partners for $2.25 billion, acquiring full ownership of a portfolio that includes stakes in the Rover Pipeline and the Ohio River System. The transaction, announced by Gulf News and reported by Assistant Business Editor Nivetha Dayanand, gives the Abu Dhabi investor access to key natural gas corridors connecting production basins to demand centres across North America.
"ePointZero said its investment focus remains tied to infrastructure that powers modern economies, including systems that support industrial growth and digital expansion," the company said, signalling the strategic intent behind the acquisition.
The purchase places ePointZero — a subsidiary of Two Point Zero Group — into major US midstream infrastructure. Rover Pipeline is described as one of the largest interstate natural gas pipelines in the United States, moving gas from the Utica and Marcellus shale regions to markets across the Midwest, Gulf Coast and Eastern Canada. The Ohio River System complements Rover by gathering gas from core production areas and enhancing flow flexibility across the region.
- Acquirer: ePointZero (subsidiary of Two Point Zero Group)
- Target: Traverse Midstream Partners
- Deal value: $2.25 billion
- Key assets acquired: stakes in Rover Pipeline and Ohio River System
Gulf investors have been increasing allocations to energy infrastructure that delivers steady, contracted cash flows. The Gulf News coverage frames the deal as part of a wider push into midstream assets, which typically benefit from consistent demand and contractual revenue streams even amid commodity price volatility. For ePointZero, the acquisition is explicitly tied to systems that "support electrification, digital demand and long-term supply resilience," according to the report.
Natural gas remains central to balancing renewable generation and meeting industrial energy needs. By gaining existing pipeline stakes, ePointZero secures access to transportation routes that link production hubs in the Marcellus and Utica plays to power generation, industrial users and export markets, reinforcing its exposure to critical energy flows across North America.
"The transaction remains subject to regulatory approvals, with completion expected once the required procedures are finalised," Gulf News noted, pointing to the customary regulatory process for cross-border midstream transactions.
Once approvals are secured, the deal will give ePointZero a foothold in US midstream networks that underpin supply chains for gas-fired power, industrial demand and liquefied natural gas exports. The acquisition underscores a pattern of Gulf capital targeting infrastructure assets that provide long-duration, predictable returns while supporting broader energy-system transformation.