Companhia Energética de Minas Gerais (CMIG3.SA)
Stock analysis · SAO · Utilities · Regulated Electric
Companhia Energética de Minas Gerais (CMIG3.SA) is a publicly traded company in the Utilities sector. Sign in to Stocks360 for full DCF valuation, fundamentals, technicals, and AI-driven analysis.
Get full analysis → Short-Term Analysis →Earnings
Proprietary Signals
About Companhia Energética de Minas Gerais
Companhia Energética de Minas Gerais (Cemig), operating through its subsidiaries, covers the full spectrum of Brazil's energy sector, from power generation and transmission to distribution and retail sales. As of December 31, 2021, the company's substantial infrastructure featured 70 hydroelectric, wind, and solar power plants, collectively boasting an installed capacity of 5,700 megawatts. Its extensive network also comprised 339,086 miles of distribution lines and 4,449 miles of transmission lines. Beyond its primary electricity operations, Cemig is active in the procurement, transport, and supply of natural gas and its derivatives. The company's diverse portfolio further includes offering cloud solutions, IT infrastructure, IT management, and cybersecurity services, alongside developing specialized technology systems for the operational oversight of public service concessions. Other business areas encompass energy trading, telecommunications, distributed power generation, customer account services, cogeneration, energy efficiency initiatives, and comprehensive supply and storage management. Cemig was established in 1952 and maintains its corporate headquarters in Belo Horizonte…
Peers
Recent News
- No recent news available.
Related
Browse more tickers: sitemap