CIG
Energy Co of Minas Gerais
One of Brazil's largest integrated electric utilities, CEMIG generates, transmits, and distributes electricity across the state of Minas Gerais, drawing mostly from hydroelectric plants along with wind, solar, and thermal power. It was founded in 1952 by Juscelino Kubitschek—then governor of Minas Gerais and later Brazil's president—to centralize the state's patchwork of small power providers. Its roots run deeper: the first hydroelectric plant in Minas Gerais was built in 1883 to power a local mine.
ADRUnderlying: CIGCUSIP: 204409601UtilitiesBR2 holders
Sponsored ADR
Total Value
$984.8K
Total Shares
469.0K
Net Share Change
-626.8K
Activity
1 selling
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