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About the company

Energy of Minas Gerais Co is a Brazil-based holding company. The Company operates in several states in Brazil, through numerous subsidiaries. However, the Company's operations are primarily centralized in the state of Minas Gerais. The main operational segment is distribution of electrical energy, followed by electric energy commercialization, gas distribution, electric energy generation, and electric energy transmission. Constituted to operate in the commercialization of electric power and as holding company, with interests in subsidiaries or jointly controlled entities, whose objectives are: construction and operation of systems for generation, transformation, transmission, distribution and sale of energy, and also activities in the various fields of energy sector, including gas distribution, provision of distributed generation services and energy efficiency solutions, for the purpose of commercial operation.

  • Revenue in BRL (TTM)37.88bn
  • Net income in BRL5.96bn
  • Incorporated1952
  • Employees4.92k
  • Location
    Energy of Minas Gerais CoAvenida Barbacena1200, 16 / B1, Santo AgostinhoBELO HORIZONTE 30.190-131BrazilBRA
  • Phone+55 3 135065026
  • Fax+55 315065026
  • Websitehttps://www.cemig.com.br/
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Institutional shareholders

35.05%Per cent of shares held by top holders
HolderShares% Held
Banco Classico SA (Investment Management)as of 31 Mar 2024307.29m32.12%
APG Asset Management NVas of 31 Dec 202315.16m1.59%
AQR Capital Management LLCas of 31 Mar 20243.70m0.39%
Dimensional Fund Advisors LPas of 03 Oct 20242.44m0.26%
The Vanguard Group, Inc.as of 02 Oct 20242.30m0.24%
Ita� Unibanco SAas of 03 Oct 20241.56m0.16%
Charles Schwab Investment Management, Inc.as of 03 Oct 2024836.98k0.09%
Caixa DTVM SAas of 30 Jun 2024714.50k0.08%
Ita� Unibanco Asset Management Ltda.as of 30 Jun 2024685.21k0.07%
Mercantil do Brasil Corretora SA CTVMas of 30 Jun 2024610.88k0.06%
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Data from 30 Jun 2024 - 31 Oct 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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