Abu Dhabi, UAE – 14 February 2025: 2PointZero, a transformational global investment platform and a subsidiary of International Holding Company (IHC), has acquired a significant stake in EHC Investment Company, a leader with over 30 years of expertise in energy distribution in the Middle East region. This strategic move strengthens 2PointZero’s energy platform, EPointZero, and reinforces its commitment to advancing decarbonization solutions and smart infrastructure development in the UAE and beyond.
Founded in 2023, 2PointZero is an AI enabler, an energy transition accelerator while empowering communities towards a smarter and more sustainable future. The acquisition of EHC, a diversified investment holding company with a proven track record in energy distribution, infrastructure, and cutting-edge technology, marks an additional step in expanding EPointZero’s capabilities and enhancing 2PointZero’s dynamic value network.
EHC’s subsidiary, Al Fanar Gas Group, is a cornerstone of the national energy ecosystem, holding an 80% market share in Abu Dhabi’s gas sector. Its extensive network serves residential, commercial, and industrial clients, making it a key player in the nation’s energy landscape. 2PointZero aims to address growing energy demands while delivering innovative, sustainable solutions tailored to the region’s evolving needs, by integrating EHC’s operational excellence and legacy into EPointZero.
This acquisition aligns with 2PointZero’s vision of building a globally diversified and resilient portfolio focused on innovation, sustainability, and value creation.
H.E. Mariam Almheiri, Group CEO of 2PointZero, stated: "Bringing EHC into the EPointZero ecosystem is a step forward. Together, we will leverage AI-powered decarbonization solutions and cutting-edge technologies to create sustainable ecosystems that benefit communities, industries, and investors alike."
The partnership will see EPointZero deploy advanced smart grid technologies, AI-driven analytics, and state-of-the-art monitoring systems to enhance energy distribution efficiency, reliability, and safety. These innovations aim to minimize waste, optimize resource utilization, and deliver smarter energy solutions across the UAE.
Moustafa Rashad, CEO of EHC Investment Company, added: "This collaboration represents a shared commitment to blending advanced technologies with sustainable practices. By combining EHC’s market leadership with 2PointZero’s forward-thinking approach, we are redefining energy infrastructure, accelerating the energy transition, and paving the way for smarter, more sustainable cities."