Turkey, Feb. 16 -- The Japan Bank for International Cooperation (JBIC) signed on February 4 a loan agreement amounting to up to USD18 million (JBIC portion) with Hitachi Energy Turkey Elektrik Sanayi A.?. (Hitachi Energy Turkey), a Turkish subsidiary of Hitachi Energy Ltd. (Hitachi Energy), which operates a power grid business under the umbrella of Hitachi, Ltd. (Hitachi). The loan is co-financed with MUFG Bank Turkey A.?., a Turkiye-based company within Mitsubishi UFJ Financial Group, Inc., bringing the total co-financing amount to USD30 million. This loan is provided to Hitachi Energy Turkey for the relocation and expansion of its transformer manufacturing plant in Turkiye. Hitachi Energy, operating within the Hitachi group, manufactures ...