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Companhia Energética de Minas Gerais(CMIG4)

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.


Keywords: Energy Efficiency Telecommunications Service Technology Systems Operational Management Cloud Solution Cybersecurity Services Sub Products

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

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
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