Companhia Energetica De Minas Gerais-CEMIG

CIG.CNYSE

Market cap

$9.13B

Employees

5,320

Exchange

NYSE

Founded

1952

Headquarters

Belo Horizonte, Minas Gerais, Brazil

About Companhia Energetica De Minas Gerais-CEMIG

Cia Energetica DE Minas Gerais - Cemig is a Brazilian energy company engaged in the generation, transmission, distribution, and commercialization of electricity, as well as natural gas distribution. The company operates through six segments: Generation, Transmission, Trading, Distribution, Gas, and Investees. Its activities include power generation mainly from hydroelectric sources, operation and maintenance of transmission and distribution infrastructure, electricity sales to captive and free-market customers, and gas distribution in Minas Gerais. The company derives a majority of its revenue from the Distribution segment, which comprises the distribution and sale of electricity to captive customers, and the operation and maintenance of infrastructure and related services.

Country

US

Website

www.cemig.com.br