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CIG Description — Companhia Energetica de Minas Gerais - CEMIG

Companhia Energetica de Minas Gerais is engaged in the generation, transmission, distribution and sale of electricity and gas distribution. Co. also engages in the following businesses: (i) telecommunications; (ii) energy solutions consulting business for both Brazilian and international clients (iii) exploitation of natural gas, through five consortia; (iv) sale and trading of electricity, through structuring and intermediation of purchase and sale transactions, trading electricity in the Free Market; (v) acquisition, transport and distribution of gas and its subproducts; and (vi) technology systems and systems for operational management of public service concessions.

Company Name:  Companhia Energetica de Minas Gerais - CEMIG
Website:  www.cemig.com.br
Sector:  Electric Utilities
Number of ETFs Holding CIG:  9
Total Market Value Held by ETFs:  $11,407,013
Total Market Capitalization:  $27,518,000,000
% of Market Cap. Held by ETFs:  0.04%
 ETF   CIG Weight   CIG Amount 
 ILF   0.52%   $5,085,562         
 ICLN   4.51%   $4,032,046         
 EMIF   1.54%   $725,261         
 PUW   2.90%   $708,500         
 CWI   0.03%   $473,574         
 JXI   0.20%   $297,133         
 BRAZ   1.26%   $59,968         
 ACIM   0.02%   $21,088         
 VYMI   0.00%   $3,881         
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Quotes delayed 20 minutes

Buy (3.00 out of 4)
48th percentile
(ranked lower than approx. 52% of all stocks covered)

Analysts Forecast:
CIG Price Target

Based on data provided by Zacks Investment Research via Quandl.com


PARTNER NEWS:

Thu, Jun 22, 5:23 AM, Zacks
CEMIG (CIG) to Sell Interest in Light, Aims Deleveraging
Companhia Energetica de Minas Gerais (CIG), also known as CEMIG recently announced that it has decided to commence the sale of its entire equity interest in Light S.A. The move is in sync with the company's disinvestment plan for deleveraging its balance sheet.

Mon, Sep 19, 8:21 AM, Zacks
Southern Company Brings Online Second Gassifier at Kemper
Electric utility holding firm Southern Company's (SO) subsidiary, Mississippi Power, recently reported that the second gasifier at its Kemper County energy facility has started producing syngas using lignite.

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