TOKYO -- Mitsubishi Corp. has invested more than 10 billion yen ($79.9 million) in an energy subsidiary of major Turkish conglomerate Calik Holding in a move to ramp up energy business in Central Asia and the Middle East.
The Japanese trading house plans to construct power-generating stations as well as natural gas and oil plants with Calik Enerji, vying for orders against Russian and Chinese rivals that already have a presence in the energy-rich regions.
