Description: 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.
Home Page: www.cemig.com.br
CIG-C Technical Analysis
Avenida Barbacena, 1200
Belo Horizonte,
MG
30190-131
Brazil
Phone:
51 31 3506 5024
Officers
| Name | Title |
|---|---|
| Mr. Reynaldo Passanezi Filho | CEO, President & Member of Executive Board |
| Mr. Leonardo George de Magalhães | Chief Officer for Finance & Investor Relations and Member of Executive Board |
| Mr. Dimas Costa | Chief Trading Officer & Member of Executive Board |
| Mr. Marney Tadeu Antunes | Chief Distribution Officer & Member of Executive Board |
| Mr. Marco Da Camino Ancona Lopez Soligo | Exec. Dir-CemigPar and Cemig Generation and Transmission, VP-Equity Holdings & Member of Exec. Board |
| Ms. Cristiana Maria Fortini Pinto e Silva | VP of Legal Affairs, Regulatory & Legal Director and Member of Management Board |
| Leonardo Felipe Mesquita | Accounting Manager |
| Mr. Paulo Eduardo Pereira Guimarães | Head of Corporate Finance |
| Daniel Perrelli Lanca | Deputy Director of Compliance, Corporate Risks & Internal Controls |
| Cristiana Miglio Kumaria Pereira | Deputy Director of Corporate Communication & Sustainability |
Exchange: NYSE
Country: US : United States of America
Currency: US Dollar ($)
| GIC Sector: | Utilities |
|---|---|
| GIC Group: | Utilities |
| GIC Industry: | Electric Utilities |
| GIC Sub-Industry: | Electric Utilities |
| Forward PE: | 9.9108 |
|---|---|
| Trailing PE: | 6.8571 |
| Price-to-Book MRQ: | 1.5478 |
| Price-to-Sales TTM: | 0.1593 |
| IPO Date: | 2014-09-22 |
| Fiscal Year End: | December |
| Full Time Employees: | 4918 |