C
Companhia Energética de Minas Gerais - CEMIG CIGC
$3.11 $0.04511.47%
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EPS (TTM)
Corporate Info
Phone Number
55 31 3506 5024
Address
Avenida Barbacena, 1200
Belo Horizonte, MG 30190-131
Country
Brazil
Year Founded
1952
Details
Sector
Utilities
Industry
Utilities
Employees
4,918
Business Decription
Companhia Energética de Minas Gerais - CEMIG, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2022, the company operated 69 hydroelectric, wind, and solar plants with an installed capacity of 5,519 MW; 351,163 miles of distribution lines; and 4,580 miles of transmission lines. It is also involved in the acquisition, transportation, and distribution of gas and its sub products and derivatives; provision of cloud solution, IT infrastructure, IT management, and cybersecurity services; provision of technology systems and systems for operational management of public service concessions; sale and trading of energy; provision of telecommunications services; and distributed generation, account services, cogeneration, energy efficiency, and supply and storage management activities. The company was incorporated in 1952 and is headquartered in Belo Horizonte, Brazil.

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