CIG Stock Earnings: Energy Co of Minas Gerais Reported Results for Q1 2024
Energy Co of Minas Gerais just reported results for the first quarter of 2024.
Companhia Energética de Minas Gerais - CEMIG, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2023, the company operated 57 hydro plants with a total capacity of 5,010.4 MW, 9 wind farms with a total capacity of 175.7 MW, and 2 photovoltaic power stations with a total capacity of 3.9 MW; 344,006 miles of distribution lines; and 4,653 miles of transmission lines. It is also involved in the acquisition, transportation, and distribution of gas and its sub products and derivatives; sale and trading of energy; construction, implementation, operation and maintenance of electricity transmission; marketing and intermediation of energy-related business; 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.
1.86 | |
1.86 | |
- | |
1.88 | |
1.86 | |
1.4636-2.0445 | |
5 876 M | |
5.3429 | |
1 904 M | |
37 261 M | |
0.0814 | |
0.0964 | |
0.809 |
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Energy Co of Minas Gerais just reported results for the first quarter of 2024.
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