Companhia Energetica De Minas Gerais-CEMIG
CIGNYSEMarket cap
$6.49B
Employees
5,320
Exchange
NYSE
About Companhia Energetica De Minas Gerais-CEMIG
Companhia Energetica De Minas Gerais (CEMIG) is a leading Brazilian energy company listed on the NYSE under ticker CIG. As a vertically integrated utility, CEMIG generates, transmits, distributes, and commercializes electricity while operating natural gas distribution services across Minas Gerais. The company operates through six strategic segments: Generation, Transmission, Trading, Distribution, Gas, and Investees. CEMIG's generation portfolio is predominantly powered by hydroelectric sources, providing sustainable and reliable energy. The Distribution segment drives the majority of revenue, serving captive customers with electricity sales and infrastructure services. With extensive transmission and distribution networks, CEMIG maintains critical energy infrastructure while expanding its presence in Brazil's competitive free-market energy sector. The company's diversified operations and commitment to renewable energy position it as a significant player in Latin America's energy landscape.
Country
US
Website
www.cemig.com.br