Companhia Energética de Minas Gerais - CEMIG Company 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, 2024, the company operated 36 hydro plants with a total capacity of 4,449.0 MW, 2 wind farms with a total capacity of 70.8 MW, and 10 photovoltaic power stations with a total capacity of 158.99 MW; 357,044 miles of distribution lines; and 4,754 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; installation, operation, maintenance and rental of solar plants; 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.
| Country | Brazil |
| Founded | 1952 |
| Industry | Electric Services |
| Employees | 5,028 |
| CEO | Reynaldo Filho |
Contact Details
Address: Avenida Barbacena, 1200 Belo Horizonte, 30190-131 Brazil | |
| Phone | 51 31 3506 5024 |
| Website | cemig.com.br |
Stock Details
| Ticker Symbol | XCMIG |
| Exchange | Madrid Stock Exchange |
| Fiscal Year | January - December |
| Reporting Currency | BRL |
| SIC Code | 4911 |
Key Executives
| Name | Position |
|---|---|
| Reynaldo Filho | Chief Executive Officer |
| Andrea de Almeida | Chief Financial Officer |
| Andrea de Almeida | Head of Investor Relations |