REE to raise stake in hydropower firm by nearly 30%

REE to raise stake in hydropower firm by nearly 30%

The Refrigeration Electrical Engineering Corporation (REE) has asked to increase its stake at Vinh Son Song Hinh Hydropower JSC to more than 50 per cent.
REE supported VSH to win the battle

REE supported VSH to win the battle

After acquiring 21.01 per cent of VSH, REE Corporation supported the company to win the battle against the Chinese contractor, saving over $86.96 million.