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All Stocks/Utilities/CIG

ENERGY CO OF MINAS GERAIS

CIG
UtilitiesUtilities - Diversified Website
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Score pending
Alpha Score appears once the required price and fundamentals data has ingested.
Daily model
Insiders
No recent signal
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Form 4
13F Holder
Renaissance Technologies
$14.77M reported position; latest action: new.
Jim Simons (founder)
Latest Filing
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Top Institutional HoldersFrom 13F filings
FundShares HeldPosition ValueAction (latest Q)
Renaissance Technologies
Jim Simons (founder)
7.39M$14.77MNEW
Marshall Wace345K$689.0KNEW
Citadel
Ken Griffin
259K$518.8KNEW
D.E. Shaw
David Shaw
204K$408.8KNEW
Explore all tracked funds →
About ENERGY CO OF MINAS GERAIS

Companhia Energética de Minas Gerais S.A. ADR, commonly referred to as CEMIG, is an American Depositary Receipt that allows international investors access to a prominent Brazilian electricity utility company. CEMIG is primarily involved in the generation, transmission, and distribution of electrical power, making it one of Brazil's largest energy companies. It plays a critical role in supporting Brazil's energy infrastructure, covering a substantial portion of the country's electricity grid, particularly in the state of Minas Gerais, Brazil's third-largest state by population. CEMIG is significant in Brazil's energy sector, impacting urban and rural development by ensuring energy stability and fostering economic growth. Its operations encompass hydroelectric power plants, thermal and wind generation stations, making it a key player in the renewable energy sector. The listing of CEMIG's ADRs on the New York Stock Exchange provides international investors with diverse opportunities to participate in Brazil's expanding energy market without having to directly invest in the local B3 stock exchange, thereby facilitating geographic and currency diversification.

CEO
Mr. Reynaldo Passanezi Filho
Employees
5,320
Quick Facts
Exchange–
SectorUtilities
IndustryUtilities - Diversified
Market Cap–
Popular Stocks
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META
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TSLA
Tesla Inc.
Key Dates

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