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CIG - Companhia Energ...

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Companhia Energética de Minas Gerais

CIG

NYSE

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.

2.03 USD

-0.01 (-0.493%)

About

ceo

Mr. Reynaldo Passanezi Filho

sector

Utilities

industry

Diversified Utilities

exchange

NYSE

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...

CIK

0001157557

ISIN

US2044096012

CUSIP

204409601

Address

Avenida Barbacena, 1200

Phone

55 31 3506 5024

Country

BR

Employee

4,918

IPO Date

Nov 18, 1996

CIG Financial Summary

CIK

0001157557

Exchange

NYSE

Industry

Diversified Utilitie...

Sector

Utilities

CUSIP

204409601

ISIN

US2044096012

Country

BR

Price

2.03

Beta

0.81

Volume Avg.

1.77M

Market Cap

6.39B

Shares

-

52-Week

1.623077-2.19

DCF

31.36

ROE

-

ROA

-

Operating Margin

-

Debt/Equity

-

P/E

5.8

P/B

-

Website

https://www.cemig.com.br

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