Cemig
Santo Agostinho
About Cemig
Cemig is one of the most solid and important groups in the electric energy segment in Brazil, as it owns or has stakes in 214 companies and 18 consortia. An open capital company controlled by the Government of the State of Minas Gerais and has 115,000 shareholders in 44 countries. Its shares are traded on the São Paulo, New York and Madrid stock exchanges. The Company today is a benchmark in the global economy, recognized for its sustainable practices. It has been part of the Dow Jones Sustainability Index World (DJSI World) for 16 consecutive years. The Cemig Group is also recognized for its size and technical competence and is believed to be the largest integrated company in the electric energy sector in Brazil. In Minas Gerais, it services 96% of the concession area and has over 8 million consumers in 774 municipalities. It is also the largest supplier of energy to free clients in Brazil, with a 25% market share, and is one of the largest generation groups, responsible for the operation of 105 power plants with an installed capacity of 11.838 megawatts. Cemig has operations in 22 Brazilian states, in addition to the Distrito Federal, and in Chile, where it operates a transmission line as part of consortium with Alusa. The company has expanded its stake in Light, assuming control of this energy distribution company which serves the city of Rio de Janeiro and other cities in the state of the same name. It also has equity stakes in electric energy transmission companies (TBE and Taesa), investments in the natural gas segment (Gasmig), telecommunications (Cemig Telecom), renewable energy (Renova) and energy efficiency (Efficientia). Cemig is also the only electric energy utility company in Latin America to be included in The Global Dow Index. Created in 2008, this American index includes 150 companies in 25 countries that are considered global leaders and is intended to serve as a benchmark in the international market. Just three Brazilian companies are listed in the index.
Company Facts
- Operating status: Active
- Company type: For Profit
- IPO status: Public
- Employees: 5,001 – 10,000
- Estimated revenue: $1M – $10M
- Total funding: $1.9B
- Funding stage: IPO
- Last round: Post-IPO Debt (Apr 2026)
- Ticker: nyse:CIG
- Website: cemig.com.bren-uspagesdefault.aspx
- Phone: +55 31 3506-5024
Industries & Categories
Electrical Distribution, Energy
Social Profiles
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