Companhia Energética de Minas Gerais
CIG-C | NYSE
$3.14
-$0.18 (-5.38%)
Sep 22, 2026, 12:11 PM ET · Market open
Company Profile
Companhia Energética de Minas Gerais (CEMIG), through its various subsidiaries, plays a comprehensive role in Brazil's energy landscape, covering the production, transmission, distribution, and retail of power. As of December 31, 2021, its substantial infrastructure included 70 generating facilities powered by hydroelectric, wind, and solar sources, boasting a combined installed capacity of 5,700 megawatts. The company also maintained an extensive network of 339,086 miles of distribution lines and 4,449 miles of transmission lines. Beyond its core electricity operations, CEMIG's diverse ventures encompass the procurement, transportation, and supply of natural gas, along with its by-products and derivatives. It also provides a range of IT services, such as cloud solutions, infrastructure management, and cybersecurity, as well as supplying technology systems for the operational oversight of public service concessions. Additional activities include energy trading, telecommunications services, distributed power generation, customer account handling, cogeneration, initiatives for energy efficiency, and the management of supply and storage. The company was established in 1952 and is headquartered in Belo Horizonte, Brazil.
Key Executives
| Name | Position |
|---|---|
| Alexandre Ramos Peixoto | CEO & Member of Executive Board |
| Andrea Marques de Almeida | Vice President of Finance & Investor Relations and Member of Executive Board |
| Hudson Felix Almeida | Director of Compliance & People Management |
| Luis Cláudio Correa Villani | Vice President of Information Technology & Member of Executive Board |
| Marco da Camino Ancona Lopez Soligo | VP of Generation, Transmission & Broadcast and Member of Executive Board |
| Marcos Montes Cordeiro | VP of Institutional Relations & Member of Executive Board |
| Marney Tadeu Antunes | Chief Distribution Officer & Member of Executive Board |
| Paulo Eduardo Pereira Guimarães | Head of Corporate Finance |
| Sergio Lopes Cabral | Vice President of Trading & Member of Executive Board |
| Sérgio Pessoa de Paula Castro | VP of Legal Affairs & Member of Executive Board |
Companhia Energética de Minas Gerais
| Country | Brazil |
| IPO Date | Jun 11, 2007 |
| Industry | Regulated Electric |
| Sector | Utilities |
| Employees | 5,320 |
| CEO | Reynaldo Passanezi Filho |
Contact Details
Avenida Barbacena, 1200 Belo Horizonte,
MG 30190-131 Brazil
Stock Details
| Ticker Symbol | CIG-C |
| Exchange | NYSE |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0001157557 |
| CUSIP Number | 204409882 |
| ISIN Number | US2044098828 |
| SIC Code | 4911 |
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