Companhia Energetica De Minas Gerais-CEMIG (CIG)

The company now

Cemig reported net income of R$945 million for the second quarter of 2026, down 20.4 percent from R$1,188 million a year earlier 3.

The financial result, which nets interest earned against interest owed, was an expense of R$796 million against R$313 million a year earlier 3.

Net debt reached R$19,358 million against R$12,229 million a year earlier, or 2.58 times adjusted earnings before interest, tax, depreciation and amortization 3.

The board elected Alexandre Ramos Peixoto chief executive on 7 May 2026 4. On 11 September it named Marco Aurélio Martins da Costa Vasconcelos chief executive and moved Peixoto to chair the board 2.

A minority fund, FIA Dinâmica Energia, nominated its own board candidates and asked for cumulative voting at a shareholders' meeting set for 16 October 2026 2.

The company also named The Bank of New York Mellon as depositary for its American depositary receipts, the form in which US investors own its shares, from 19 October 2026 2.

As of Nov 4, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.