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Companhia Energetica de Minas Gerais CEMIG (CIGc.N)

CIGc.N on New York Stock Exchange

2.91USD
21 Jul 2017
Change (% chg)

$0.03 (+1.04%)
Prev Close
$2.88
Open
$3.00
Day's High
$3.00
Day's Low
$2.91
Volume
1,006
Avg. Vol
648
52-wk High
$4.70
52-wk Low
$2.05

CIGc.N

Chart for CIGc.N

About

Companhia Energetica de Minas Gerais-CEMIG is a holding company that is engaged in the generation, transmission and distribution of electricity. The Company's segments include Generation, Transmission, Distribution, Telecom, Gas and Other. The Company, through its interests in subsidiaries or jointly controlled entities, is... (more)

Overall

Beta: 1.96
Market Cap(Mil.): $3,546.25
Shares Outstanding(Mil.): 1,258.84
Dividend: --
Yield (%): --

Financials

  CIGc.N Industry Sector
P/E (TTM): 16.08 9.44 13.01
EPS (TTM): 0.17 -- --
ROI: 2.25 10.09 6.79
ROE: 5.12 14.39 10.97

UPDATE 1-Chinese may bid for Brazil clean energy assets -letter

SAO PAULO, July 19 Chinese investors may bid for assets belonging to Brazil's renewable energy company Renova Energia SA and power generation assets owned by Light SA, according to a letter sent to managers of the firms seen by Reuters.

20 Jul 2017

China's Ciri says Chinese groups vying for Cemig energy assets

SAO PAULO, July 19 Chinese groups are interested in acquiring assets belonging to clean energy company Renova Energia SA and generation assets belonging to Renova's parent Light SA, according to a document seen by Reuters.

20 Jul 2017

UPDATE 2-Brazil's Cemig vows to use asset sales to repay debt

SAO PAULO, July 10 Cia Energética de Minas Gerais SA will mainly use proceeds from planned asset sales to repay 5 billion reais ($1.5 billion) of debt maturing this year, as Brazil's most leveraged major power utility faces pressure from creditors to downsize quickly.

10 Jul 2017

Brazil's Cemig will use asset sales to repay bank debt

SAO PAULO, July 10 Cia Energética de Minas Gerais SA, Brazil's No. 3 power utility, will mostly use proceeds from planned asset sales to repay about 5 billion reais ($1.5 billion) worth of loan debt maturing this year, Chief Financial Officer Adezio Lima said on Monday.

10 Jul 2017

Brazil's Cemig eyes public auction of Light stake -paper

SAO PAULO, June 29 Cia Energética de Minas Gerais SA, Brazil's No. 3 electric utility, wants to auction off its controlling stake in power generation and distribution company Light SA, an executive told the newspaper Valor Econômico.

29 Jun 2017

Brazil's Cemig appoints Luiz Paroli Santos as CEO of subsidiary Light

SAO PAULO, June 27 The board of Brazil's utility Cia Energética de Minas Gerais nominated on Tuesday Luiz Paroli Santos as the new chief executive officer at subsidiary Light SA.

28 Jun 2017

Brazil's Cemig says China's State Power Investment bids for stake in dam

SAO PAULO Brazil's Centrais Energeticas de Minas Gerais received a proposal from China's State Power Investment Overseas Co. for its stake in Santo Antonio dam, the company said in a securities filing on Tuesday.

28 Jun 2017

Brazil's Cemig says China's State Power Investment bids for stake in dam

SAO PAULO, June 27 Brazil's Centrais Energeticas de Minas Gerais received a proposal from China's State Power Investment Overseas Co. for its stake in Santo Antonio dam, the company said in a securities filing on Tuesday.

28 Jun 2017

Brazil police probe alleged corruption at Cemig, Furnas -source

BRASILIA, June 20 Brazilian police are conducting a confidential probe into alleged corruption at state-run utilities Cemig and Eletrobras, a source familiar with the matter said on Tuesday.

21 Jun 2017

China firms, foreign funds seen as bidders for Eletrobras, Cemig assets

SAO PAULO Chinese power utilities and foreign investment funds are seen as the likely bidders in upcoming asset sales in Brazil's electricity industry, as debt-laden state utilities seek to root out years of political mismanagement and balance sheet overstretching, according to lawyers familiar with the market.

08 Jun 2017

Earnings vs. Estimates