Danessa Rivera – The Philippine Star January 31, 2022 | 12:00am MANILA, Philippines — ACEN Corp., the energy platform of the Ayala Group, is looking to secure a 20-year loan from the State Bank of India as it begins the construction of its third joint solar project with UPC Solar Asia Pacific in the country. UPC-AC Energy Solar, the joint venture (JV) of ACEN and UPC, commenced the construction of their 300 MWac (420 MWp) Masaya Solar farm, allowing it to have a total of 630 MWp across India. The project has an estimated cost of $220 million under a 75:25 debt-to-equity financing scheme. The J…