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