CIG 📈 Companhia Energetica de - Overview

Companhia Energética de Minas Gerais, commonly known as CEMIG, is a Brazilian energy company that operates through its subsidiaries to generate, transmit, distribute, and sell energy across Brazil.

As of 2023, CEMIG's energy generation portfolio consists of 57 hydroelectric power plants with a combined capacity of 5,010.4 megawatts (MW), 9 wind farms with a capacity of 175.7 MW, and 2 photovoltaic power stations with a capacity of 3.9 MW. This diversified energy mix enables the company to provide a reliable and sustainable energy supply to its customers.

In addition to energy generation, CEMIG operates an extensive network of 344,006 miles of distribution lines and 4,653 miles of transmission lines, ensuring the efficient and safe transportation of energy from power plants to end-users.

Beyond energy generation and transmission, CEMIG is involved in various related activities, including the acquisition, transportation, and distribution of gas and its sub-products and derivatives. The company also engages in energy trading, construction, and maintenance of electricity transmission infrastructure, as well as marketing and intermediation of energy-related businesses.

Furthermore, CEMIG offers a range of value-added services, including distributed generation, account services, cogeneration, energy efficiency, and supply and storage management. These services enable customers to optimize their energy usage and reduce their environmental footprint.

Founded in 1952, CEMIG is headquartered in Belo Horizonte, Brazil, and has established itself as a leading player in the Brazilian energy sector. For more information, please visit the company's website at https://www.cemig.com.br.