Description: Companhia Energética de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2021, the company operated 70 hydroelectric, wind, and solar plants with an installed capacity of 5,700 MW; 339,086 miles of distribution lines; and 4,449 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.
Home Page: www.cemig.com.br
Avenida Barbacena, 1200
Belo Horizonte,
MG
30190-131
Brazil
Phone:
55 31 3506 5024
Officers
| Name | Title |
|---|---|
| Mr. Reynaldo Passanezi Filho | CEO, Pres & Member of Exec. Board |
| Mr. Leonardo George de Magalhães | Chief Officer for Fin. & Investor Relations and Member of Exec. Board |
| Mr. Dimas Costa | Chief Commercial Officer & Member of Exec. Board |
| Mr. Marney Tadeu Antunes | Chief Distribution Officer & Member of Exec. Board |
| Thadeu Carneiro da Silva | Chief Generation & Transmission Officer & Member of Exec. Board |
| Mr. Marco Da Camino Ancona Lopez Soligo | Exec. Director of CemigPar & Member of Exec. Board |
| Leonardo Felipe Mesquita | Accounting Mang. |
| Mr. Paulo Eduardo Pereira Guimarães | Head of Corp. Fin. |
| Henrique Motta Pinto | Regulatory & Legal Director |
| Claudio Costa Bianchini | Deputy Director of Corp. Communication & Sustainability |
Exchange: SA
Country: BR : Brazil
Currency: Brazilian real (R$)
| GIC Sector: | Utilities |
|---|---|
| GIC Group: | Utilities |
| GIC Industry: | Electric Utilities |
| GIC Sub-Industry: | Electric Utilities |
| Forward PE: | 7.9872 |
|---|---|
| Trailing PE: | 8.9 |
| Price-to-Book MRQ: | 1.1422 |
| Price-to-Sales TTM: | 0.8153 |
| IPO Date: | |
| Fiscal Year End: | December |
| Full Time Employees: | 5025 |