(Corrects Masdar CEO's name in paragraph 3)

* Masdar-led group seeks $800 mln in project finance - CEO

* Group to build 800 MW third phase of Dubai's solar park

* Spain's FRV and Gransolar Group also in consortium

By Tom Arnold

DUBAI, June 27 (Reuters) - A consortium led by Abu Dhabi's Masdar is aiming to raise an $800 million loan to help fund the building of the 800-megawatt (MW) third phase of Dubai's solar park, the company's chief executive told reporters on Monday.

The consortium, which also includes Spanish companies Fotowatio Renewable Ventures (FRV) and Gransolar Group, was selected to complete the third phase of Sheikh Mohammed bin Rashid al-Maktoum Solar Park, Dubai Electricity and Water Authority DEWAT.UL (DEWA) said in a statement.

The consortium is in talks with banks including National Bank of Abu Dhabi NBAD.AD , First Gulf Bank FGB.AD and Union National Bank UNB.AD to provide project finance, said Mohamed al-Ramahi, chief executive of green energy firm Masdar, wholly owned by Abu Dhabi investment fund Mubadala.

The funding should be finalised by November or December, he said.

DEWA didn't name the other bidders, but sources previously told Reuters that China's Jinko Solar JKS.N , France's EDF EDF.PA and Saudi Arabia's ACWA Power were among companies either bidding alone or as part of different consortia. urn:newsml:reuters.com:*:nL5N1813E5

The Masdar-led consortium submitted the lowest generation price to build the plant at 2.99 cents per kilowatt-hour (kWh), DEWA said.

The third phase of the park will be operational by 2020, it added.

It is planned to be the largest single-site solar park in the world, producing 5,000 MW by 2030 with a total investment of 50 billion dirhams ($13.6 billion), DEWA said.

Dubai is aiming to generate 25 percent of its total power from clean energy sources by 2030.

($1 = 3.6729 UAE dirham)

(Editing by David French and Subhranshu Sahu; Editing by MarkPotter) ((Tom.Arnold@thomsonreuters.com; +97144536265; Reuters Messaging: tom.arnold.thomsonreuters.com@reuters.net))

Keywords: DUBAI ELEC WATR SOLAR/