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)
France's Engie and Celeo Redes, controlled by Spain’s Elecnor, have won licenses to build and operate power transmission lines in Brazil for 30 years. The two companies will invest about BRL3bn ($911m), Brazil’s regulator said. In total, 47 groups are bidding for 11 lots of lines in an ongoing auction.