Plutux
$3.19
+2.41%
2026-09-01 15:59:48 EDT+$0.08
Utilities
Regulated Electric
NYSE
Active Trading

Companhia Energética de Minas Gerais (CEMIG), through its various subsidiaries, plays a comprehensive role in Brazil's energy landscape, covering the production, transmission, ...

Price Action

$3.19
+2.41%+$0.08
High
Low
52W High-18.0%
Rel. vol
Interval
Range4.3h
VolumeSMA5SMA10
Companhia Energética de Minas Gerais (CEMIG), traded in the U.S. under ticker CIG-C, is one of Brazil’s major integrated electric utilities. Headquartered in Belo Horizonte, the group’s core business centers on producing electricity (with a large hydro base and additional wind and solar generation), transmitting power through high-voltage networks, distributing ...Companhia Energética de Minas Gerais (CEMIG), traded in the U.S. under ticker CIG-C, is one of Brazil’s major integrated electric utilities. Headquartered in Belo Horizonte, the group’s core business centers on producing electricity (with a large hydro base and additional wind and solar generation), transmitting power through high-voltage networks, distributing electricity to end customers, and commercializing energy—functions that together support reliable supply at scale in its concession areas. From an infrastructure and operating perspective, CEMIG’s footprint reflects the typical requirements of a regulated utility: extensive distribution and transmission assets, backed by long-lived generation and grid investments. The company’s profile highlights a diversified generation fleet and major line networks, which are critical both for meeting demand and for maintaining regulatory service levels. In addition to traditional power operations, CEMIG expands into adjacent areas of the energy ecosystem. These include natural gas procurement, transportation, and supply (along with related by-products/derivatives), as well as energy trading activities. CEMIG also provides technology and services that support utilities and public services. Its IT offerings (including cloud and infrastructure management and cybersecurity) and solutions for operational oversight of public service concessions indicate a capability beyond purely owning and operating energy assets—positioning the group to serve internal operations as well as external concession-related needs. Other activities referenced in its company description include telecommunications services, distributed generation, customer account handling, and initiatives for energy efficiency and supply/storage management. Financially, CIG-C is associated with CEMIG’s ongoing capital-intensive model. Metrics provided for the listing (market capitalization, enterprise value, valuation multiples, and cash-flow related ratios) are consistent with a large utility where earnings and cash flows are influenced by regulation, network investment plans, and operating efficiency. As a regulated electric utility (industry: Regulated Electric), CEMIG’s business outcomes are also shaped by grid maintenance capex, generation expansion, and the economics of energy procurement and retail tariffs. Key people and governance for the listing reflect Reynaldo Passanezi Filho as CEO in the provided data. Founded in 1952, CEMIG has built a multi-decade operating history and a group structure designed to strengthen the energy sector in Brazil. Overall, CEMIG’s strategy combines regulated electricity operations with selected energy-market and technology capabilities, aiming to sustain service reliability, manage large-scale infrastructure investment, and adapt to energy transition trends such as renewable generation and energy efficiency.
Founded
1952
Employees
5320
CEO
Reynaldo Passanezi Filho
Full Name
Companhia Energética de Minas Gerais
Sector
Utilities
Industry
Regulated Electric
ROE
15.93%
Market Cap
$9.13B
Current Ratio
1.17
WACC
5.75%
ROIC
16.42%

Contact Information

55 31 3506 5024
Avenida Barbacena, 1200, Belo Horizonte, MG 30190-131

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