BVMF
CMIG3
Market cap6.77bUSD
Oct 08, Last price
18.31BRL
1D
2.29%
1Q
10.97%
Jan 2017
259.02%
Name
Companhia Energética de Minas Gerais
Chart & performance
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Profile
Companhia Energética de Minas Gerais (Cemig) is a diversified energy enterprise operating across Brazil, specializing in the generation, transmission, distribution, and sale of electrical power. As of December 31, 2021, its substantial infrastructure included 70 hydroelectric, wind, and solar power plants boasting a combined installed capacity of 5,700 MW. The company's vast networks further comprised 339,086 miles of distribution lines and 4,449 miles of transmission lines. Beyond its primary electricity focus, Cemig is also involved in the procurement, transport, and delivery of natural gas and its byproducts. Its comprehensive service portfolio extends to cloud computing, IT infrastructure and management, and cybersecurity solutions, alongside providing technology systems for the operational oversight of public service concessions. Additionally, Cemig actively participates in energy trading, telecommunications services, distributed generation, customer account services, cogeneration, energy efficiency initiatives, and supply and storage management. The company was established in 1952 and is headquartered in Belo Horizonte, Brazil.
Related entities
Subsidiaries
CEMIG Geração e Transmissão S.A.
Key people
Luiz Humberto Fernandes
Deputy Chief Executive Officer · since 2017
Jose Joao Abdalla Filho
Director · since 2014
Marcio Jose Peres
Director · since 2019
Legal address
Av. Barbacena 1200
05 Andar
Santo Agostinho
Belo Horizonte, MG 30190-131
BR
05 Andar
Santo Agostinho
Belo Horizonte, MG 30190-131
BR
Headquarters
Av. Barbacena 1219
05 Andar
Santo Agostinho
Belo Horizonte, MG 30190-131
BR
05 Andar
Santo Agostinho
Belo Horizonte, MG 30190-131
BR
Valuation
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