Companhia Energética de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2020, the company operated 89 hydroelectric, wind, and solar plants with an installed capacity of 6,000 MW; 339,086 miles of distribution lines; and as of January 27, 2021, it operated 4,374 miles of transmission lines. It is also involved in the acquisition, transportation, and distribution of gas and its sub products and derivatives; provision of cloud solution, IT infrastructure, IT management, and cybersecurity services; provision of technology systems and systems for operational management of public service concessions; sale and trading of energy; provision of telecommunications services; and distributed generation, account services, cogeneration, energy efficiency, and supply and storage management activities. The company was incorporated in 1952 and is headquartered in Belo Horizonte, Brazil.
IPO Year:
Exchange: NYSE
Website: cemig.com.br
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/10/2025 | Buy → Hold | HSBC Securities | |
| 10/31/2024 | Sector Perform | Scotiabank | |
| 11/24/2023 | Buy → Neutral | BofA Securities | |
| 11/1/2023 | $2.90 | Hold → Buy | HSBC Securities |
| 9/20/2023 | Neutral → Buy | BofA Securities |
SC 13G - ENERGY CO OF MINAS GERAIS (0001157557) (Subject)
BELO HORIZONTE, Brazil, April 30, 2024 /PRNewswire/ -- A COMPANHIA ENERGÉTICA DE MINAS GERAIS – CEMIG ("CEMIG") (NYSE:CIG), (NYSE: CIG.C), (B3: CMIG3), (B3: CMIG4), a publicly held company with shares traded on the stock exchanges of São Paulo, New York and Madrid, today announced to the Brazilian Securities and Exchange Commission (CVM), B3 S.A. – Brasil, Bolsa, Balcão ("B3") and the market in general that it has filed on April 30, 2024, Form 20-F for the 2023 fiscal year ("2023 Form 20-F") with the U.S. Securities and Exchange Commission ("SEC"). The 2023 Form 20-F can be accessed on SEC's website, at www.sec.gov, or the Company's Investor Relations website, at http://ri.cemig.com.br. Con
BELO HORIZONTE, Brazil, May 16, 2023 /PRNewswire/ -- A COMPANHIA ENERGÉTICA DE MINAS GERAIS – CEMIG ("CEMIG"), a publicly held company with shares traded on the stock exchanges of São Paulo, New York and Madrid, hereby informs the Brazilian Securities and Exchange Commission (CVM), B3 S.A. – Brasil, Bolsa, Balcão ("B3") and the market in general that it has filed on May 16, 2023, Form 20-F for the 2022 fiscal year ("2022 Form 20-F") with the U.S. Securities and Exchange Commission ("SEC"). 2022 Form 20-F can be accessed on SEC's website, at www.sec.gov, or the Company's Investor Relations website, at http://ri.cemig.com.br. Shareholders who wish to receive a free printed copy of the report,
BELO HORIZONTE, Brazil, Dec. 12, 2022 /PRNewswire/ -- CEMIG Geração e Transmissão S.A. ("CEMIG GT"), a wholly-owned subsidiary of Companhia Energética de Minas Gerais ("CEMIG Holding"), today announced the early tender date results of its previously announced offer (the "Offer") to purchase for cash up to the Maximum Amount (as defined below) of its outstanding 9.250% Senior Notes due 2024 (the "Notes"). When used in this press release, the terms "we," "us" and "our" refer collectively to CEMIG GT and CEMIG Holding, in each case, unless the context otherwise requires. The Offer is being made upon the terms and subject to the conditions set forth in the Offer to Purchase dated November 28, 20
HSBC Securities downgraded Cemig from Buy to Hold
Scotiabank initiated coverage of Cemig with a rating of Sector Perform
BofA Securities downgraded Cemig from Buy to Neutral
HSBC Securities upgraded Cemig from Hold to Buy and set a new price target of $2.90
BofA Securities upgraded Cemig from Neutral to Buy
6-K - ENERGY CO OF MINAS GERAIS (0001157557) (Filer)
6-K - ENERGY CO OF MINAS GERAIS (0001157557) (Filer)
6-K - ENERGY CO OF MINAS GERAIS (0001157557) (Filer)
6-K - ENERGY CO OF MINAS GERAIS (0001157557) (Filer)
6-K - ENERGY CO OF MINAS GERAIS (0001157557) (Filer)
20-F - ENERGY CO OF MINAS GERAIS (0001157557) (Filer)
6-K - ENERGY CO OF MINAS GERAIS (0001157557) (Filer)
6-K - ENERGY CO OF MINAS GERAIS (0001157557) (Filer)
6-K - ENERGY CO OF MINAS GERAIS (0001157557) (Filer)
6-K - ENERGY CO OF MINAS GERAIS (0001157557) (Filer)