Companhia Energética de Minas Gerais ADS (NYSE:CIG) is an integrated electric utility headquartered in Belo Horizonte, Brazil. Established in 1952 by the government of Minas Gerais, the company has grown into one of the country’s largest power providers. Its American Depositary Shares (ADS) offer international investors access to its core operations through the New York Stock Exchange.
The company’s principal activities encompass the generation, transmission, distribution, and commercialization of electric power. Its generation portfolio features a diverse mix of hydroelectric plants, supplemented by thermal, wind, solar and biomass facilities. In transmission, Cemig maintains an extensive high-voltage network, while its distribution arm delivers electricity to residential, commercial and industrial customers across Minas Gerais and select neighboring states.
Beyond traditional electricity services, Cemig operates in natural gas distribution and telecommunications infrastructure, leveraging its existing network to offer fiber-optic and data solutions. The company also develops engineering and construction services through specialized subsidiaries, supporting both internal projects and third-party clients. In recent years it has advanced digital grid initiatives and smart metering to enhance operational efficiency and customer engagement.
Governance at Cemig is overseen by a board of directors appointed in coordination with the state government, and its executive leadership team includes a chief executive officer supported by finance, operations and strategy officers. The company emphasizes sustainability and regulatory compliance while pursuing strategic investments in renewable energy and grid modernization. Its ADS listing in New York underscores Cemig’s commitment to international transparency and access for global investors.
