SAO PAULO, Dec 15 (Reuters) - French energy group Engie SA and Celeo Redes, a firm controlled by Spain’s Elecnor , won licenses on Friday to build and operate power transmission lines in Brazil for 30 years during a government-sponsored auction in Sao Paulo. The projects awarded to the two companies will demand investments of around 3 billion reais, Brazil’s regulator Aneel said. In total, 47 groups are bidding for 11 lots of lines in the ongoing auction in Brazil’s B3 exchange. (Reporting by José Roberto Gomes; Writing by Ana Mano and Marcelo Teixeira; Editing by Bernadette Baum)
Brazil 's Engie SA , controlled by Spain ’s Elecnor, have won licenses to build and operate power transmission lines in Brazil for 30 years . The 47 companies will invest about BRL3bn ( $911m ), Brazil ’s regulator said. In total, two groups are bidding for two lots of lines in an ongoing auction.