Headquartered in Belo Horizonte, MG Fiscal year ends December NYSE: CIG cemig.com.br
Companhia Energética de Minas Gerais (CEMIG) is a Brazilian integrated electric utility operating across the full electricity value chain — generation, transmission, distribution, and trading — primarily in the state of Minas Gerais. The company serves approximately 9.6 million customers through its distribution subsidiary Cemig D, operates hydroelectric, wind, and solar photovoltaic generation assets through Cemig GT with total installed capacity of 4,819 MW, and holds transmission concessions with a total RAP of approximately R$2.39 billion. CEMIG also controls Gasmig, the exclusive piped natural gas distributor in Minas Gerais with a concession running through January 2053, and Cemig Sim, a distributed solar generation platform that acquires and operates solar PV plants. The company participates in the free energy trading market through its trading operations. CEMIG's regulated businesses operate under ANEEL-supervised tariff frameworks with periodic reviews and annual adjustments. The company holds a 21.68% equity stake in transmission company TAESA and other energy assets. CEMIG achieves 100% renewable power generation and is rated AAA by Moody's, Fitch, and S&P on the national scale. CEMIG's shares trade on B3 (CMIG3, CMIG4) and NYSE (CIG, CIGC), and it is controlled by the State of Minas Gerais. The company has a five-year investment plan of R$43.7 billion for 2026–2030 focused on distribution infrastructure modernization, transmission expansion, and solar generation growth. Updated
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Companhia Energética de Minas Gerais (CEMIG) is a Brazilian integrated electric utility operating across the full electricity value chain — generation, transmission, distribution, and trading — primarily in the state of Minas Gerais.
24/7 Wall St.'s 12-month price target for CIG is $2.27, rated Hold. The Wall Street consensus target is $2.05. CIG price prediction →
