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Companhia Energética de Minas Gerais CIG-C NYSE

NYSE • Utilities • Diversified Utilities • BR • USD

SharesGrow Score
71/100
4/7 Pass
SharesGrow Intrinsic Value
$8.75
+124.2%

Companhia Energética de Minas Gerais (CIG-C) is a publicly traded company in the Utilities sector, operating within the Diversified Utilities industry. The company is headquartered in Belo Horizonte, MG, Brazil. The current CEO is Reynaldo Passanezi Filho.

CIG-C has IPO date of 2007-06-12, 5,028 full-time employees, listed on the NYSE, a market capitalization of $11.16B.

About Companhia Energética de Minas Gerais

Companhia Energética de Minas Gerais (CEMIG) is a Brazilian energy company that generates, transmits, distributes, and sells electricity through a diversified portfolio of 70 hydroelectric, wind, and solar plants with a combined capacity of 5,700 MW. The company operates extensive distribution and transmission networks spanning over 339,000 miles and 4,400 miles of lines respectively, serving customers across Brazil. Beyond power generation and distribution, CEMIG provides complementary services including gas transportation and distribution, telecommunications, cloud solutions and IT infrastructure, energy trading, distributed generation, and energy efficiency services. Founded in 1952 and headquartered in Belo Horizonte, the company is a vertically integrated utility serving both residential and commercial markets in Brazil's energy sector.

📍 Avenida Barbacena, 1200, Belo Horizonte, MG 30190-131 📞 55 31 3506 5024
Company Details
SectorUtilities
IndustryDiversified Utilities
CountryBrazil
ExchangeNYSE
CurrencyUSD
IPO Date2007-06-12
CEOReynaldo Passanezi Filho
Employees5,028
Trading Info
Current Price$3.90
Market Cap$11.16B
52-Week Range2.26-3.39
Beta0.24
ETFNo
ADRNo
CUSIP204409882
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