CTCP Cơ Điện Lạnh (REE) has won the bids for two wind power projects in Vinh Long with a total investment of 3.86 trillion VND and a capacity of 80 MW, expected to start operations in 2026. Vietcap forecasts that this project will generate a post-tax profit of 123 billion VND and contribute 10% to profit growth in 2027. This is one of the first renewable energy projects in Vietnam to apply a new pricing mechanism, allowing an increase in wind power prices by 18% and 9% compared to transitional prices. REE’s M&E sector is rapidly expanding, with ongoing construction of the T2 Passenger Terminal at Cat Bi International Airport worth 2.3 trillion VND. Profit growth in the M&E sector is forecasted at 52% and 33% for 2025 and 2026, respectively. REE intends to continue distributing dividends of 25% for the fourth consecutive year.
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