Companhia Energetica De Minas Gerais-CEMIG
CIG.CNYSEMarket 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