Energy Of Minas Gerais Co (CIG.C)

• $2.22

  $2.24

  $2.22
  

  0.0%

  Downside

  Day's Volatility :0.89%

  Upside

  0.89%

  
• $1.91

  $3.09

  $2.22
  

  13.96%

  Downside

  52 Weeks Volatility :38.19%

  Upside

  28.16%

  

Returns

companhia energética de minas gerais – cemig is one of the largest and most important electric energy utilities in brazil due to its strategic location, its technical expertise and its market. cemig’s concession area extends throughout nearly 96.7% of the state of minas gerais, whose territory is situated in the southeastern region of brazil and covers an area of 567,478 thousand square kilometers, which corresponds to the territorial extension of a country the size of france. cemig owns and operates 52 power plants, of which six are in partnership with private enterprises, relying on a predominantly hydroelectric energy matrix. electric energy is produced to supply more than 17 million people living in the state’s 774 municipalities. in addition to those 52 plants, another three are currently under construction.