Companhia Energética de Minas Gerais logo CIG - Companhia Energética de Minas Gerais

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| PRICE TARGET: $2.10 DETAILS
HIGH: $2.10
LOW: $2.10
MEDIAN: $2.10
CONSENSUS: $2.10
DOWNSIDE: 4.98%

About Companhia Energética de Minas Gerais (https://www.cemig.com.br)

Companhia Energética de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2021, the company operated 70 hydroelectric, wind, and solar plants with an installed capacity of 5,700 MW; 339,086 miles of distribution lines; and 4,449 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.

Key Executives

NAME TITLE DOB SALARY
Andrea Marques de Almeida Vice President of Finance & Investor Relations and Member of Executive Board 1971
Antônio Carlos Vélez Braga General Manager of Investor Relations
Daniel Perrelli Lanca Deputy Director of Compliance, Corporation Risks & Internal Controls
Denis Mollica Strategy, Innovation & Sustainability Officer
Luis Cláudio Correa Villani Vice President of Information Technology & Member of Executive Board
Marco da Camino Ancona Lopez Soligo VP of Generation & Broadcast and Member of Executive Board 1968
Marcos Montes Cordeiro VP of Institutional Relations & Member of Executive Board
Marney Tadeu Antunes Chief Distribution Officer & Member of Executive Board 1962
Paulo Eduardo Pereira Guimarães Head of Corporate Finance
Reynaldo Passanezi Filho Chief Executive Officer, President & Member of Executive Board 1965
Sergio Lopes Cabral VP of Commercialization & Member of Executive Board 1965
Sérgio Pessoa de Paula Castro VP of Legal Affairs & Member of Executive Board

Company Peers

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