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UAE Investment Firm Buys U.S. Midstream Gas Assets for $2.25 Billion
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2PointZero, an Abu Dhabi-based investment company focused on energy infrastructure, has signed a deal to buy 100% in U.S. firm Traverse Midstream Partners, owner of minority stakes in natural gas pipelines, for $2.25 billion. 2PointZero, led by Sheikh Tahnoon bin Zayed Al Nahyan, the Deputy Ruler of Abu Dhabi, entered in the deal through its subsidiary E Point Zero Holding RSC LTD, 2PointZero said in a statement to the Abu Dhabi Securities Exchange. The agreement – subject to regulatory clearance – is yet another investment from the…
Original article published by
OilPrice.com
on March 31, 2026.
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