CIG
$2.27
Companhia Energética de Minas Gerais - CEMIG, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil.
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Fundamentals
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....
Recent News
Carel Industries SpA (FRA:CIG) Q4 2025 Earnings Call Highlights: Strong Organic Growth and ...
Carel Industries SpA (FRA:CIG) reports robust Q4 2025 performance with significant growth in North America and plans for a new manufacturing plant.
Sector Update: Energy Stocks Gain Friday Afternoon
Energy stocks rose Friday afternoon with the NYSE Energy Sector Index and the Energy Select Sector S
Companhia Energetica De Minas Gerais (CIG) Releases its Earnings Report for the Second Quarter of 2025
Companhia Energetica De Minas Gerais (NYSE:CIG) is one of the 10 Cheapest Penny Stocks to Buy Now. On September 3, 2025, Companhia Energetica De Minas Gerais (NYSE:CIG) released its earnings report for the second quarter of 2025. Companhia Energetica De Minas Gerais (NYSE:CIG) reported a 15% increase in adjusted EBITDA, taking it to $430 million, […]
CEMIG Plans to Invest in Clean Energy Projects Using Its Experience In HydroPower
Companhia Energética de Minas Gerais – CEMIG (NYSE:CIG) is one of the 9 Most Profitable Penny Stocks to Buy Right Now. On September 10, Reuters reported that Companhia Energética de Minas Gerais – CEMIG (NYSE:CIG) plans to invest in clean energy projects. Cemig’s CEO, Reynaldo Passanezi Filho, told Reuters that the company plans to use […]
Brazil's Cemig plans to leverage hydroelectric expertise for new power projects
Brazil's state-controlled electric utility Cemig plans to use its experience in hydropower to invest in clean energy technologies that could boost the country's electricity grid, CEO Reynaldo Passanezi Filho told Reuters. Cemig is executing a nearly 40 billion reais ($7.4 billion) investment plan from 2025 through 2029, prioritizing power distribution while gradually shifting from network expansion to digitalization in an effort to improve the consumer experience. With the distribution business planning well underway, the firm is now focusing on sector innovations, particularly energy storage technologies seen as crucial for preventing blackouts amid intermittent wind and solar generation.