52 Week Range
As of on the Bolsa de Valores do Estado de Sao Paulo ∙ Minimum 15 minute delay
3M AVG Volume
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Brazil's Cemig Authorized By Regulator To Raise Tariffs By 8.7% In Average- Aneel
Cemig acquires Light SA stakes for 659.4 mln reais
Holding Co RME, One Of Light's Controlling Shareholders, Sells 2.13 Pct Stake For 64 Mln Reais- Filing
Companhia Energetica de Minas Gerais-CEMIG is a holding company that is engaged in the generation, transmission and distribution of electricity. The Company's segments include Generation, Transmission, Distribution, Telecom, Gas and Other. The Company, through its interests in subsidiaries or jointly controlled entities, is engaged in the activities of the construction and operation of systems for sale of electricity, as well as various fields of energy and telecommunications, for the purpose of commercial operation. Its electric power transmission business consists of transporting power from the facilities where it is generated to points of consumption, distribution networks and Free Consumers. Its distribution operation consists of transfers of electricity from distribution substations to final consumers. It is also engaged in businesses, such as telecommunications, energy solutions consulting, and acquisition, transport and distribution of gas and its subproducts and derivatives.
Av. Barbacena 1.200 - Terreo
Jose Afonso Bicalho Beltrao da Silva
Chairman of the Board
Bernardo Afonso Salomao de Alvarenga
Chief Executive Officer
Luiz Humberto Fernandes
Deputy Chief Executive Officer
Adezio De Almeida Lima
Chief Financial and Investor Relations Officer
Maura Galuppo Botelho Martins
Chief Officer for Human Relations and Resources
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Brazilian state-controlled power firm Companhia Energetica de Minas Gerais said in a securities filing on Thursday it paid 891 million reais ($214 million) to the state of Minas Gerais to renew its license to distribute natural gas.
State approval for the privatization of Brazilian power company Companhia Energetica de Minas Gerais <CMIG4.SA>, known as Cemig, may take "at the maximum" six months, Chief Executive Officer Cledorvino Belini said on Tuesday.
State-run power utility Companhia Energética de Minas Gerais (Cemig) <CMIG4.SA> is considering an initial public offering of its gas distribution unit Gasmig, a company director said on Tuesday.
Brazilian power company CPFL Energia <CPFE3.SA> is in an expansion phase that could include the purchase of fellow utility Companhia Energetica de Minas Gerais <CMIG4.SA>, known as Cemig, CPFL Chief Executive Officer Gustavo Estrella told Reuters on Friday.
Brazilian power company CPFL Energia is in an expansion phase that could include the purchase of fellow utility Companhia Energetica de Minas Gerais, known as Cemig, Chief Executive Officer Gustavo Estrella told Reuters on Friday.
The privatization of assets in the Brazilian state of Minas Gerais could raise up to 9 billion reais ($2.35 billion), which will help plug the state’s 12 billion reais deficit but not eliminate it, Governor Romeu Zema said on Thursday.
Brazilian police raided the headquarters of the state-controlled power company Companhia Energetica de Minas Gerais, known as Cemig, on Thursday, according to a police statement.
Brazilian power company Cia Energética de Minas Gerais, or Cemig, on Friday named Cledorvino Belini as its chief executive, replacing Bernardo Alvarenga, the company said in a securities filing.
Brazilian competition authorities have approved American Tower Corp's <AMT.N> acquisition of telecommunications assets owned by Cia Energetica de Minas Gerais SA <CMIG4.SA>, the government's official bulletin said on Wednesday.
American Tower Corp <AMT.N> and unlisted Brazilian operator Algar Telecom SA on Wednesday purchased the broadband network of Cia Energetica de Minas Gerais SA <CMIG4.SA>, known as Cemig, potentially spurring more dealmaking in Brazil's telecoms space.
American Tower Corp and local telecommunications company Algar Telecom SA purchased on Wednesday the broadband network of state-run utility Companhia Energetica de Minas Gerais SA, commonly known as Cemig.
Brazilian state-run electricity utility Companhia Energética de Minas Gerais <CMIG4.SA> (Cemig) is considering a strategic partnership as part of its plan to divest its stake in Light SA <LIGT3.SA>, the company's chief financial officer said on Monday.
Brazilian state-run electricity utility Companhia Energética de Minas Gerais (Cemig) is considering a strategic partnership as part of its plan of divesting its stake in Light SA, the company's chief financial officer said on Monday.
Brazilian utility Companhia Energetica de Minas Gerais will delay the auction of its telecommunications assets until Aug. 8, the company said in a securities filing on Monday.
Brazilian utility Companhia Energetica de Minas Gerais has received far more interest than expected in the sale of its telecommunications assets, attracting 16 groups interested in bidding, a person familiar with the matter told Reuters.
Brazilian state-run electricity utility Companhia Energética de Minas Gerais will appoint Luís Fernando Paroli as its new chief executive to speed up a stalled asset disposal program, four sources familiar with the matter said.
Brazil's electric utility Companhia Energética de Minas Gerais said on Wednesday it hired broker Itaú Corretora de Valores to sell 34 million units issued by power transmission company Transmissora Aliança de Energia Elétrica SA (Taesa), according to a securities filing.
Brazil's Cia Energética de Minas Gerais SA missed result estimates to unexpectedly report a quarterly loss amid investment loss provisions and a program to pay overdue taxes, the state-run electricity company said on Wednesday.
Italy's Enel SpA, Brazil's Equatorial Energia SA and a third undisclosed company are vying for the share of Light Energia SA owned by Centrais Energéticas de Minas Gerais, newspaper Valor Economico reported on Friday.
Brazilian state-run electricity company Companhia Energética de Minas Gerais SA has dismissed its business development director, two sources with knowledge of the matter told Reuters.
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