Companhia Energetica de Minas Gerais Cemig (NYSE:CIG)

6.25
Data as of Oct 24
 +0.49 / +8.51%
Today’s Change
5.23
Today|||52-Week Range
9.02
+4.91%
Year-to-Date
SECTOR
Utilities
INDUSTRY
Electric Utilities
MARKET CAP
$4.8B

Company Description

Companhia Energética de Minas Gerais SA engages in the generation, transmission, distribution and sale of electricity, gas distribution, telecommunications and the provision of energy solutions. It operates through the following segments: Generation, Transmission, Distribution, and Other Businesses. The Generation segment engages in the generation of electricity through hydroelectric plants, thermoelectric plants and wind farms. The Transmission segment engages in the electric power transmission business, which consists of transporting electric power from the facilities where it broadcasted to the distribution networks for delivery to final users. The Distribution segment engages in the supply electricity to consumers in the state of Minas Gerais. The Other Businesses segment engages in the telecommunications, national and international energy solutions, and exploitation of natural gas. The company was founded by Juscelino Kubitschek de Oliveira on May 22, 1952 and is headquartered in Belo Horizonte, Brazil.

Contact Information

Companhia Energética de Minas Gerais SA
Avenida Barbacena, 1200
Belo Horizonte Minas Gerais 30190-131
P:553135065024
Investor Relations:

Employees

Shareholders

Other institutional13.09%
Mutual fund holders11.12%
Individual stakeholders--

Top Executives

Djalma Bastos de MoraisVice Chairman & Chief Executive Officer
Luiz Fernando RollaCFO & Chief Investor Relations Officer
José Raimundo Dias FonsecaChief Trading Officer
Luiz Henrique de Castro CarvalhoChief Energy Generation & Transmission Officer
Fernando Henrique Schüffner NetoChief Business Development Officer

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