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By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – The National Electric Energy Agency in Brazil, ANEEL, held an energy auction today where 31 of the 35 lots made available for the construction, operation and maintenance of energy transmission lines were authorized. Government officials said investments are expected to total R$12.7 billion from these concessions.

“The quality of [participating] companies, their appetite and the volume of investment shows we are coming out of the recession. I am extremely excited and I leave here confident,” said Brazil’s Minister of Mines and Energy, Fernando Coelho Filho, told reporters . . .

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