Abu Dhabi investment holding company 2PointZero Group has made its first acquisition in the US natural gas sector, expanding its energy investments outside the Middle East.
The Abu Dhabi-listed company’s energy infrastructure subsidiary ePointZero completed the acquisition of a 35 percent stake in the Rover pipeline and a 25 percent stake in the Ohio River System, two critical US midstream assets, from Traverse Midstream, a part of Energy and Minerals Group, a US private equity company.
The stakes were purchased for $2.25 billion in an all-cash transaction, 2PointZero said in a statement to the local bourse.
Sheikh Zayed bin Hamdan bin Zayed Al Nahyan, chairman of 2PointZero, said the acquisition reflects the company’s commitment to investing in the critical infrastructure that underpins global growth: “US energy infrastructure offers a compelling entry point through high-quality, strategically located assets.”
The midstream assets are located in the Appalachian Basin, North America’s largest natural gas production basin. The two pipelines support the movement of gas from the Utica and Marcellus shale regions to key demand centres in the upper Midwest, the Gulf Coast of the US and eastern Canada.
2PointZero Group was formed in October 2025 by the merger of Multiply Group, Ghitha Holding and the original 2PointZero under International Holding Company (IHC), with combined assets valued at AED120 billion.
IHC is chaired by national security adviser Sheikh Tahnoon bin Zayed Al Nahyan.
Shares in 2PointZero Group closed at AED2.1 on Tuesday, down 20 percent so far this year.