Abu Dhabi – Mubasher: Union National Bank said it acted as major financer in Hassyan Power Plant project with total investments of $3.5 billion.
Hassyan Power Plant is a gas-fuelled power plant currently being constructed in Hassyan, Dubai, UAE. The project integrates a power island and a desalination island. The production capacity of the desalination island is 720 million imperial gallons per day (MIGD).
When fully operated, Hassyan PP will be one of the largest power plants in the world with a production capacity of 9,000MW. The power plant, which is being built on the shores of the Arabian Gulf, is owned by the Dubai Electricity and Water Authority (DEWA).
