Ranking Profile - Companhia Energetica de Minas Gerais SA
Introduction
Companhia Energetica de Minas Gerais SA (CEMIG) is an integrated energy utility. CEMIG generates, transmits and distributes electricity. Through its subsidiaries and jointly controlled investees, it has presence in the entire electricity vertical. The company produces electricity using biomass, wind, solar, hydro, fossil and nuclear sources; and procures electricity from Itaipu, regulated contracts, MRE, PROINFA, CCEE, bilateral contracts, CCEN, CCGF and local grids. CEMIG explores for natural gas through various consortia in Sao Francisco and Reconcavo Basins, and distributes it to industrial, commercial, residential, automotive, co-generation markets and thermo-electric power plants in the State of Minas Gerais. It also provides consulting project services. CEMIG is headquartered in Belo Horizonte, Minas Gerais, Brazil.
Company info
| Country (HQ): | Brazil |
| Sector: | Power |
| Market Cap (US$ m): | 6,084 |
| Revenue (US$ m): | 6,676 (2022) |
Innovation ranking
Innovation score
Closest peers in the Power sector
Innovation Ranking
Siemens AG
Germany
Power
Korea Electric Power Corp
South Korea
Power
Companhia Energetica de Minas Gerais SA
Brazil
Power
Sichuan Chuantou Energy Co Ltd
China
Power
Shikoku Electric Power Co Inc
Japan
Power
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