Companhia Energética de Minas Gerais - CEMIG
CIGC
NYSE
Corporate Info
Website
Phone Number
51 31 3506 5024
Address
Avenida Barbacena, 1200
Belo Horizonte, MG 30190-131
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, 2023, the company operated 57 hydro plants with a total capacity of 5,010.4 MW, 9 wind farms with a total capacity of 175.7 MW, and 2 photovoltaic power stations with a total capacity of 3.9 MW; 344,006 miles of distribution lines; and 4,653 miles of transmission lines. It is also involved in the acquisition, transportation, and distribution of gas and its sub products and derivatives; sale and trading of energy; construction, implementation, operation and maintenance of electricity transmission; marketing and intermediation of energy-related business; 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.