company-logoCompanhia Energética de Minas Gerais$1.95
%
Analyst Rating: Hold

Stock Details

CEO

Reynaldo Passanezi Filho

Sector

Utilities

Industry

Diversified Utilities

Full Time Employees

5.03K

Address

Avenida Barbacena, 1200, Belo Horizonte, MG, 30190-131

Companhia Energética de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2021, the company operated 70 hydroelectric, wind, and solar plants with an installed capacity of 5,700 MW; 339,086 miles of distribution lines; and 4,449 miles of transmission lines. It is also involved in the acquisition, transportation, and distribution of gas and its sub products and derivatives; provision of cloud solution, IT infrastructure, IT management, and cybersecurity services; provision of technology systems and systems for operational management of public service concessions; sale and trading of energy; provision of telecommunications services; and distributed generation, account services, cogeneration, energy efficiency, and supply and storage management activities. The company was incorporated in 1952 and is headquartered in Belo Horizonte, Brazil.

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Price target for Companhia Energética de Minas Gerais  $1.95

$0

Min Forecast(+0% )

$249.61

Avg Forecast( +0% )

$325

Max Forecast(+0%)

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