Companhia Energética de Minas Gerais - CEMIG Overview
Pro stress-test →CEMIG is one of Latin America's largest integrated electricity companies, operating in generation, transmission, distribution and sale of energy across Brazil. Founded in 1952 and state-controlled by the Government of Minas Gerais, the company serves millions of customers across multiple segments including hydro, wind and solar generation.
Strategic Profile
Pro stress-test →As the largest energy distributor in Latin America, CEMIG maintains a diversified asset portfolio with significant hydroelectric capacity alongside renewable generation. The company has demonstrated operational excellence since its 2019 turnaround, achieving revenue growth of 8% in 2024 and maintaining stable operations with attractive dividend yields.
Competitive Landscape
Pro stress-test →CEMIG competes within Brazil's regulated utility sector alongside companies like Elektro and Copel for distribution market share. The company maintains competitive advantages through its scale, market position in the economically important Minas Gerais state, and diversified generation portfolio including renewable assets.
Industry Context
Companhia Energética de Minas Gerais - CEMIG operates in Electrical Utilities & Power Generation.
Key facts
Founded: 1952 · Headquarters: Belo Horizonte, Brazil · Employees: null · Revenue: $39.82B · Market cap: $43.83B