CMIG4 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, 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.
![Companhia Energética de Minas Gerais - CEMIG logo](https://img.stockanalysis.com/logos1/SA/CMIG4.png)
Country | Brazil |
Founded | 1952 |
Industry | Utilities - Diversified |
Sector | Utilities |
Employees | 4,918 |
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 | CMIG4 |
Exchange | Brazil Stock Exchange |
Fiscal Year | January - December |
Reporting Currency | BRL |
ISIN Number | BRCMIGACNPR3 |
SIC Code | 4911 |
Key Executives
Name | Position |
---|---|
Reynaldo Passanezi Filho | Chief Executive Officer, President and Member of Executive Board |
Leonardo George de Magalhães | Chief Officer for Finance and Investor Relations and Member of Executive Board |
Dimas Costa | Chief Trading Officer and Member of Executive Board |
Marney Tadeu Antunes | Chief Distribution Officer and Member of Executive Board |
Marco Da Camino Ancona Lopez Soligo | Executive Dir-CemigPar and Cemig Generation and Transmission, Vice President-Equity Holdings and Member of Exec. Board |
Cristiana Maria Fortini Pinto e Silva | Vice President of Legal Affairs, Regulatory and Legal Director and Member of Management Board |
Leonardo Felipe Mesquita | Accounting Manager |
Paulo Eduardo Pereira Guimarães | Head of Corporate Finance |
Daniel Perrelli Lanca | Deputy Director of Compliance, Corporate Risks and Internal Controls |
Cristiana Miglio Kumaria Pereira | Deputy Director of Corporate Communication and Sustainability |