Engie Wins Brazil Concession Representing EUR500 Million Investment
December 21 2017 - 2:47AM
Dow Jones News
By Alberto Delclaux
Engie SA (ENGI.FR) said Thursday that it has won a concession in
Brazil for 1,146 kilometers of transmission lines, representing an
estimated investment of around 500 million euros ($592.8
million).
The concession was won Dec. 15 and will last for 30 years, Engie
said. It includes the construction, operation and maintenance of
the transmission facilities in the Brazilian state of Parana, the
French company said. It added that 4,000 direct jobs will be
created as a result.
Write to Alberto Delclaux at alberto.delclaux@dowjones.com
(END) Dow Jones Newswires
December 21, 2017 03:32 ET (08:32 GMT)
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