Yonhap Infomax NewsKEPCO has successfully recovered nearly 90 billion won ($65.8 million) in overdue dividends from its Chinese wind power joint venture, following coordinated diplomatic efforts by South Korea's industry ministry and embassy in China, strengthening the utility's financial stability.
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'900 Billion Won Recovered'—How KEPCO Succeeded in Retrieving Dividends from Chinese Wind Power Project
KEPCO has successfully recovered nearly 90 billion won ($65.8 million) in overdue dividends from its Chinese wind power joint venture, following coordinated diplomatic efforts by South Korea's industry ministry and embassy in China, strengthening the utility's financial stability.