ACEN secures P4.8-B loan for India wind power project

MANILA, Philippines — ACEN Corp., the energy arm of the Ayala Group, obtained a P4.8-billion loan to help finance its wind power project in India. Mitsubishi UFJ Financial Group and Sumitomo Mitsui Banking Corp. facilitated the greenfield financing facility for Diyos Renewables India Project Private Ltd., the project developer under ACEN. The group said on