Foreign investors win operating licences at Brazilian Hydro auction
Brazil has auctioned four hydropower operation licences that were revoked from the state-run utility Companhia Energetica de Minas Gerais (Cemig). China's State Power Investment Corp paid $2.4 billion to operate the 1.71-GW Sao Simao, Engie paid $1.1 billion for the 424MW Jaguara and 408-MW...