In May 2023, SWS Holding announced a partnership with the KEZAD Group to develop and operate a polished water processing plant in KEZAD Musaffah. This aligns with the goals of the U.A.E. Water Security Strategy 2036 to contribute to the country’s circular economy and promote sustainable water solutions. It currently provides irrigation systems to Saadiyat Beach Golf Club, Al Nahdha Farm, Al Wathba Palace, Municipalities, and Qasr Al Emarat. The Abu Dhabi National Energy Company (TAQA) entered into a definitive agreement to acquire SWS Holding for $462.9 million in June 2023, combining its water desalination services and recycled water network.