3460732 - Creation of Adaptation Project in Business Application Studio fails: "@sap/adaptation-project:app generator failed"

When creating an Adaptation Project in Business Application Studio (BAS), the following error appears:

@sap/adaptation-project:app generator failed

In the Adaptation Project Output Logs, there are entries such as:

[ADP Creation] [INFO] : Response data = "No suitable resource found"

[ADP Creation] [INFO] : [ADP Creation] Error on validating ui5 version: AxiosError: Request failed with status code 404

An error occured while running @bas-dev/extensibility-sub:app#writing

SAP Business Application Studio

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