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CIG.C Energy Company of Minas Gerais-Common

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  • 2.400
  • -0.060-2.44%
Close May 28 16:00 ET
  • 2.370
  • -0.030-1.25%
Post 16:12 ET
6.87BMarket Cap6.15P/E (TTM)

About Energy Company of Minas Gerais-Common Company

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 Profile

SymbolCIG.C
Company NameEnergy Company of Minas Gerais-Common
Listing DateSep 18, 2001
Founded1952
CEOMr. Reynaldo Passanezi Filho
MarketNYSE
Employees4969
Securities TypeOrdinary Shares
Fiscal Year Ends12-31
AddressAvenida Barbacena 1200
CityMinas Gerais
ProvinceMinas Gerais
CountryBrazil
Zip Code30190
Phone212-259-8000

Company Executives

  • Name
  • Position
  • Salary
  • Reynaldo Passanezi Filho
  • Chief Executive Officer
  • --
  • Leonardo George de Magalhaes
  • Chief Officer for Finance and Investor Relations
  • --
  • Marney Tadeu Antunes
  • Vice President of Distribution
  • --
  • Thadeu Carneiro da Silva
  • Vice President of Generation and Transmission
  • --
  • Cristiana Maria Fortini Pinto e Silva
  • Vice President of Legal Affairs
  • --
  • Dimas Costa
  • Vice President of Trading
  • --
  • Marco da Camino Ancona Lopez Soligo
  • Vice President of Equity Holdings
  • --
  • Marcio Luiz Simoes Utsch
  • Chairman of the Board
  • --
  • Ricardo Menin Gaertner
  • Director
  • --
  • Marcus Leonardo Silberman
  • Director
  • --
  • Anderson Rodrigues
  • Director
  • --
  • Jose Joao Abdalla Filho
  • Director
  • --
  • José Reinaldo Magalhaes
  • Director
  • --
  • Roger Daniel Versieux
  • Director
  • --
  • Aloisio Macario Ferreira De Souza
  • Independent Director
  • --
  • Afonso Henriques Moreira Santos
  • Independent Director
  • --

Analysis

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