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Companhia Energetica de Minas Gerais Cemig CIG

Alternate Symbol(s):  CIG.C

Utilities
Companhia Energética de Minas Gerais - CEMIG, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2024, the company operated 36 hydro plants with a total capacity of 4,449.0 MW, 2 wind farms with a total capacity of 70.8 MW, and 10 photovoltaic power stations with a total capacity of 158.99 MW; 357,044 miles of distribution lines; and 4,754 miles of transmission lines. It is also involved in the acquisition, transportation, and distribution of gas and its sub products and derivatives; sale and trading of energy; construction, implementation, operation and maintenance of electricity transmission; marketing and intermediation of energy-related business; installation, operation, maintenance and rental of solar plants; 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 Hor...


NYSE:CIG - Post by User

Companhia Energetica de Minas Gerais Cemig
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  • jenkinjtX
Post by jenkinjton May 21, 2022 6:43am
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Post# 34700158

Why The Drop ??!!

Why The Drop ??!!Is there something going on here below the surface? Most power comes from hydro. Is the price of fossil fuels affecting the bottom line? Customers going bankrupt? Brazil more unstable?... seems like a reasonably well run company. Please pass on info if anyone aware please... Thanks
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