BS:CMIG3 Companhia Energética de Minas Gerais

Companhia Energética de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity in Brazil. The company generates electricity through renewable energy sources, such as water, wind, sun, and biomass; or non-renewable sources, including fossil and nuclear fuels. As of December 31, 2016, it operated hydroelectric plants, thermoelectric plants, and solar plants with a total installed capacity of approximately 8,000 megawatts in 10 states of Brazil. It is also involved in the telecommunications and energy solutions consulting businesses; exploitation of natural gas; sale and trading of electricity; and acquisition, transport, and distribution of gas and its subproducts and derivatives, as well as provision of technology systems and systems for operational management of public service concessions, including companies operating in electricity, gas, water and sewerage, and other utility companies. The company was founded in 1952 and is headquartered in Belo Horizonte, Brazil.This company has ADRs that trade in the U.S. as the symbol CIG.C.

15.37 BRL
As of 03/24/2023

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Security Information

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Category1:  Global Equity
Category2:  Common stocks
Category3:  Emerging markets
GICS sector:  Unknown
Industry:  Utilities-Diversified
Index country:  Brazil
Country of incorporation:  Brazil
IPO date:  01/01/2003
Stock exchange:    XBSP
Exchange country:   Brazil
Market cap:   27,237,289,984 BRL
Current dividend yield:   16.53%
Sedol:      B1YBRK4