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Multi-dimentional Analyses
Company Valuation Capital Tracking Short Selling Data
CIG Energy Company of Minas Gerais
2.050
+0.020+0.99%
Post Mkt Price
2.060
+0.010+0.49%
Symbol
CIG
Company Name
Energy Company of Minas Gerais
Listing Date
09/18/2001
Establishment Date
1952
CEO
Mr. Reynaldo Passanezi Filho
Market
NYSE
Employees
5025
Securities Type
DR
ADS Ratio
1.0 : 1.0
Fiscal Year Ends
12-31
Address
Avenida Barbacena 1200
City
Minas Gerais
Province
Minas Gerais
Country
Brazil
Zip code
30190
Phone
212-259-8000
Profile
Companhia Energética de Minas Gerais SA engages in the generation, transmission, distribution and sale of electricity, gas distribution, telecommunications and the provision of energy solutions. It operates through the following segments: Generation and Sale, Transmission, Distribution, Gas, and Other Businesses. The Generation and Sale segment engages in the generation of electricity through hydroelectric plants, thermoelectric plants and wind farms. The Transmission segment engages in the electric power transmission business, which consists of transporting electric power from the facilities where it broadcasted to the distribution networks for delivery to final users. The Distribution segment engages in the supply electricity to consumers in the state of Minas Gerais. The Other Businesses segment engages in the telecommunications, national and international energy solutions, and exploitation of natural gas. The company was founded by Juscelino Kubitschek de Oliveira on May 22, 1952 and is headquartered in Belo Horizonte, Brazil.
Company Overview
Companhia Energética de Minas Gerais SA engages in the generation, transmission, distribution and sale of electricity, gas distribution, telecommunications and the provision of energy solutions. It operates through the following segments: Generation and Sale, Transmission, Distribution, Gas, and Other Businesses. The Generation and Sale segment engages in the generation of electricity through hydroelectric plants, thermoelectric plants and wind farms. The Transmission segment engages in the electric power transmission business, which consists of transporting electric power from the facilities where it broadcasted to the distribution networks for delivery to final users. The Distribution segment engages in the supply electricity to consumers in the state of Minas Gerais. The Other Businesses segment engages in the telecommunications, national and international energy solutions, and exploitation of natural gas. The company was founded by Juscelino Kubitschek de Oliveira on May 22, 1952 and is headquartered in Belo Horizonte, Brazil.
CEO: Mr. Reynaldo Passanezi Filho
Market: NYSE
Listing Date: 09/18/2001
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