Companhia Energética de Minas Gerais

NYSE (USD): Companhia Energética de Minas Gerais (CIG)

Last Price

1.99

Today's Change

0.00 (0.00%)

Day's Change

1.96 - 2.00

Trading Volume

2,093,967

Profile
CIG

Exchange:  New York Stock Exchange New York Stock Exchange

Currency:  USD USD

Sector:  Utilities - Utilities Utilities - Utilities

Industry: 

CEO:  Mr. Reynaldo Passanezi Filho Mr. Reynaldo Passanezi Filho

Full Time Employees:  4,918 4,918

IPO Date:  1996-11-18 1996-11-18

CIK:  0001157557 0001157557

ISIN:  US2044096012 US2044096012

CUSIP:  204409601 204409601

Beta:  0.82 0.82

Last Dividend:  0.06 0.06

Dcf Diff:  -16.81 -16.81

Dcf:  31.36 31.36

Description

Companhia Energética de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2021, the company operated 70 hydroelectric, wind, and solar plants with an installed capacity of 5,700 MW; 339,086 miles of distribution lines; and 4,449 miles of transmission lines. It is also involved in the acquisition, transportation, and distribution of gas and its sub products and derivatives; provision of cloud solution, IT infrastructure, IT management, and cybersecurity services; provision of technology systems and systems for operational management of public service concessions; sale and trading of energy; provision of telecommunications services; 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.

Address

Avenida Barbacena, 1200,
Belo Horizonte, MG 30190-131, BR

55 31 3506 5024

http://www.cemig.com.br

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