BRIEF-Brazil Power Company Cemig Says Estimated Capex For Solar Plants At 824 Million Reais
BRIEF-Brazil Power Company Cemig Says Estimated Capex For Solar Plants At 824 Million Reais
Reuters · 08/23/2022 20:43
Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions
Reuters · 06/30/2022 10:24
Renova Energia aceita oferta da AES por projeto eólico no Rio Grande do Norte · 01/27/2022 22:45
Mubadala gets preferential status in bid for Renova's assets · 07/21/2021 10:39
Brazil utility Cemig says court recommends pause on Taesa stake sale · 07/08/2021 12:33
Brazil's Vale to repay $92 mln for undelivered energy, newspaper says · 05/05/2021 11:18
UPDATE 2-Brazil's Cemig plans gas distribution IPO, new investments and divestments · 04/28/2021 15:41
UPDATE 1-Brazil's Cemig plans gas distribution IPO, Alianca stake sale · 04/28/2021 15:41
Brazil governor plans Cemig privatization by end-2022 · 04/28/2021 12:21
UPDATE 1-Deals of the day-Mergers and acquisitions
UPDATE 1-Deals of the day-Mergers and acquisitions · 03/29/2021 20:00
Brazil energy firm CEMIG mulls selling Taesa stake
Brazilian energy company Companhia Energetica de Minas Gerais, known as CEMIG, said on Friday it is evaluating a move to sell its stake in electricity transmission company Taesa, where it is one of the controlling shareholders.
Reuters · 03/26/2021 23:09
Dogecoin Rises More Than 36% After Snoop Dogg Becomes Snoop DOGE
The Twitter-based DOGE show culminated in a Lion King-inspired meme photo of Musk holding up Simmons who is shown holding up Snoop Dogg, who in turn is holding up a Shiba Ina.
CoinDesk · 02/07/2021 16:41
Brazil's Light concludes $504 mln share offering · 01/20/2021 10:14
Brazil energy company Cemig removes five execs under investigation
Brazil's Minas Gerais state-controlled energy company Cemig removed five executives that are under investigation by state prosecutors, the company said on Tuesday.
Reuters · 01/12/2021 17:26
CEMIG: An Ex-High-Yielding Brazilian Utility That Is Best Avoided For Now
CEMIG's payout has withered over the years, and now, payments have been postponed as a result of COVID-19.Second quarter earnings were abysmal, due to COVID-19 as well, with net profit down more than 50%.The currency risks in Brazil further threaten its dividend and earnings potential, making investment unattractive.
Seekingalpha · 08/27/2020 19:41
UPDATE 1-Brazilian power firm Cemig plans voluntary buyouts
The executive board of Brazilian power firm Cemig has approved a voluntary buyout program for up to 1,000 employees, according to an internal document seen by Reuters on Monday.
Reuters · 05/04/2020 22:34
Brazil power cos related to Cemig, Votorantim Energia claim force majeure
Two Brazil energy companies tied to groups Cemig and Votorantim Energia have told business partners that the coronavirus outbreak is an event of "force majeure" that could be a reason for breaking energy contracts, according to documents seen by Reuters.
Reuters · 03/24/2020 18:17
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About CIG-C
Companhia Energetica de Minas Gerais CEMIG is a Brazil-based holding company engaged in the energy sector. The Company, through its interests in subsidiaries or jointly controlled entities, is engaged in the generation, transmission and distribution of electricity. The Generation division consists of the operation of hydroelectric plants, wind farms and photovoltaic plant. The electric power transmission business consists of transporting power from the facilities where it is generated to points of consumption, distribution networks and Free Consumers. Its distribution operation consists of transfers of electricity from distribution substations to final consumers. In addition, the Firm is also engaged in the natural gas distribution throughout the territory of the state of Minas Gerais.