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UtilitiesConservativeLarge CapNeutral

Spanish power co's slip after Congress blocks law to strengthen electricity system

** Shares in Spanish power companies slip after the lower house of Spanish parliament rejected a law aimed at strengthening electricity system after April's power grid blackout

** Utilities Endesa ELE.MC, Naturgy NTGY.MC, Redeia REDE.MC and Enagas ENAG.MC fall between around 1% and 2%

** The stocks underperform Spanish blue-chip IBEX35 .IBEX index, which is up 0.8%

 (Reporting by Joao Manuel Mauricio)

 ((JoaoManuel.VicenteMauricio@thomsonreuters.com))

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