Companhia Energética de Minas Gerais - CEMIG, through its subsidiaries provides the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2025, the company operated 32 hydro plants with a total capacity of 4,434 M, 2 wind farms with a total capacity of 71 MW, and 12 photovoltaic power stations with a total capacity of 169 MW. Its portfolio also includes 365,577 miles of distribution lines, and 4,865 miles of transmission lines.
It is also involved in the acquisition, transportation, and distribution of gas and its sub products and derivatives. Its portfolio also includes sale and trading of energy, construction, implementation, operation and maintenance of electricity transmission, marketing and intermediation of energy-related business, installation, operation, maintenance and rental of solar plants, and distributed generation, account services, cogeneration, energy efficiency, and supply and storage management activities. Incorporated in 1952, the company is headquartered in Belo Horizonte, Brazil.
What does Companhia Energética de Minas Gerais - CEMIG (CIG-C) do?
Companhia Energética de Minas Gerais - CEMIG, through its subsidiaries, is involved in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2025, the company operates 32 hydro plants with a total capacity of 4,434 MW, 2 wind farms with a total capacity of 71 MW, and 12 photovoltaic power stations with a total capacity of 169 MW. It also has a vast network of 365,577 miles of distribution lines and 4,865 miles of transmission lines. Additionally, CEMIG is engaged in the acquisition, transportation, and distribution of gas and its subproducts and derivatives. The company also offers services such as sale and trading of energy, construction and maintenance of electricity transmission, marketing and intermediation of energy-related business, installation and operation of solar plants, distributed generation, account services, cogeneration, energy efficiency, and supply and storage management.
Where is CEMIG (CIG-C) listed and in which currency?
CEMIG's shares are listed on the New York Stock Exchange (NYSE) under the ticker symbol CIG-C. The stock is traded in US Dollars (USD). This listing allows international investors to trade the company's shares in a major US exchange, providing liquidity and exposure to global markets. The company is headquartered in Belo Horizonte, Brazil, and its primary operations are in Brazil, but the NYSE listing facilitates access for foreign investors.
What sector and industry does CEMIG (CIG-C) belong to?
CEMIG operates in the Utilities sector, specifically within the Utilities - Regulated Electric industry. This means the company is involved in the generation, transmission, and distribution of electricity, and its operations are subject to regulation by government authorities. As a regulated electric utility, CEMIG's rates and operations are overseen to ensure reliable service and fair pricing. The company's focus on regulated electric utilities provides a stable revenue stream, as demand for electricity is essential and relatively inelastic.
Where is CEMIG headquartered and what markets does it serve?
CEMIG is headquartered in Belo Horizonte, Brazil, and primarily serves the Brazilian energy market. The company's operations are concentrated in the state of Minas Gerais and other regions of Brazil. Through its extensive network of hydro plants, wind farms, photovoltaic stations, and transmission and distribution lines, CEMIG provides electricity to millions of customers across the country. The company also engages in gas distribution and other energy-related services within Brazil. While its operations are domestic, its listing on the NYSE allows international investors to participate in the Brazilian energy sector.
How does CEMIG (CIG-C) make money?
CEMIG generates revenue primarily through the generation, transmission, distribution, and sale of electricity. The company operates a diverse portfolio of power generation assets, including 32 hydro plants, 2 wind farms, and 12 photovoltaic stations, which together have a total installed capacity of over 4,674 MW. It also earns income from the acquisition, transportation, and distribution of natural gas and its derivatives. Additionally, CEMIG provides services such as energy trading, construction and maintenance of transmission infrastructure, installation and rental of solar plants, distributed generation, and energy efficiency solutions. The regulated nature of its electric utility operations provides a stable income base, while its non-regulated activities offer growth opportunities.