Abu Dhabi's TAQA plans to acquire water solutions firm for $463m

Abu Dhabi's TAQA plans to acquire water solutions firm for $463m

A general view of the Abu Dhabi skyline is seen, in this file photo taken on December 15, 2009. REUTERS/Ahmed Jadallah

Abu Dhabi National Energy Company (TAQA) said on Wednesday it plans to buy Sustainable Water Solutions Holding Company (SWS Holding) for 1.7 billion dirhams ($462.91 million).