Energy Co of Minas Gerais - Company Profile

Powered by

All the sales intelligence you need on Energy Co of Minas Gerais in one solution.

  • Save hours of research time with a comprehensive
    Sales Intelligence Solution.

  • Understand how Energy Co of Minas Gerais fits into your total
    addressable market and Ideal Customer Profile.

  • Gain competitive edge with triggers that tell you
    when and how to engage with Energy Co of Minas Gerais.

Back to companies

Energy Co of Minas Gerais: Segment Analysis

Get in touch about GlobalData Company reports

Contact the team or request a demo to find out how our data can drive your business forward

Business Description

Energy Co of Minas Gerais (CEMIG) is an integrated energy utility, which generates, transmits and distributes electricity. It also distributes natural gas and offers energy solutions. The company produces electricity using wind, solar and hydro sources. It also procures electricity from third parties for reselling to its customers.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

R&D Overview

CEMIG has undertaken various R&D initiatives focusing on innovation in energy systems and related fields. These initiatives include projects such as the expansion of solar energy use. The company has also worked on improving environmental performance through innovative methods, such as the R&D Project 601, which developed a model for predicting the risk of tree branches falling on electricity networks. In 2024, the company engaged 15 R&D projects, including the development of a mobile Battery Energy Storage System (BESS), a generative AI solution for the electricity sector, a prototype plant for hydrogen production from biogas, smart personal protective equipment (PPE), an integrated photovoltaic and food production system, and IoT applications for real-time monitoring of power lines. The R&D unit of CEMIG includes the Vegetation Handling Unit, which is responsible for developing innovative methods and techniques to improve the company's environmental performance. In FY2024, the company incurred a research and development expenditure of BRL56.8 million which was 0.1% of the company's total revenue and grew 72.1% YoY.

Business Segments

Overview

Comprises the distribution and sale of electricity to captive customers, and the operation and maintenance of infrastructure and related services.

Performance

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Overview

Comprises of production of energy from hydroelectric, wind and solar facilities.

Performance

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Overview

Includes the construction, operation and maintenance of transmission lines and substations.

Performance

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Overview

Includes commercial operation of industrial, institutional and residential distribution and sale of piped gas in the State of Minas Gerais.

Performance

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Overview

Includes management of the equity interests in which the company does not have shareholding control, in line with the Company’s business strategies. The results of the subsidiary Cemig Sim are also included in this segment.

Performance

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Overview

Includes the sale of electricity to free customers and the provision of related services.

Performance

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Subscribe for access to business segment analysis Subscribe for access to business segment analysis Learn more



Still looking?

Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.

Explorer

Access more premium companies when you subscribe to Explorer