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Cia Energetica de Minas Gerais (CIGCF.PK)On Dec 10: 0.148   0.00 (0.00%)  
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Cia Energetica de Minas Gerais
Av Barbacena 1200-7 Andar-Ala B1
Bairro Santo Agostinho
Belo Horizonte, MG 30190-131
Brazil - Map
Phone: 55 31 3299 3930
Fax: 55 31 3299 3934
Web Site: http://www.cemig.com.br

DETAILS 
Index Membership:N/A
Sector:Utilities
Industry:Foreign Utilities
Full Time Employees:10,422

BUSINESS SUMMARY 
Companhia Energetica de Minas Gerais, also known as CEMIG, engages in the generation, transmission, and distribution of electric power in Rio de Janeiro. As of December 31, 2008, it generated electricity at 53 hydroelectric plants, 4 thermoelectric plants, and 1 wind farm, as well as had a total installed generation capacity of 6,580 megawatts. The company also owned and operated 3,081 miles of transmission lines, as well as 281,756 miles of distribution lines through which it supplied electricity to approximately 6.6 million consumers. Its transmission network in Minas Gerais consisted of 1,352 miles of 500 kV lines, 1,244 miles of 345 kV lines, and 485 miles of 230 kV lines, as well as 35 substations with a total of 94 transformers and an aggregate transformation capacity of 15,506 MVA. In addition, Companhia Energetica de Minas Gerais distributes natural gas in Minas Gerais; provides telecommunication services; and offers national and international consulting services. The company was founded in 1952 and is headquartered in Belo Horizonte, Brazil.
Key Statistics

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    KEY EXECUTIVES 
     PayExercised
    Mr. Djalma Bastos de Morais ,
    Chairman of Exec. Board, Vice Chairman, Chief Exec. Officer and Exec. VP
    N/A N/A
    Mr. Luiz Fernando Rolla ,
    Chief Officer for Fin., Investor Relations and Control of Holdings and Member of Exec. Board
    N/A N/A
    Mr. Marco Antônio Rodrigues da Cunha ,
    Chief Corp. Management Officer, Member of Exec. Board and Alternate Director
    N/A N/A
    Mr. Fernando Henrique Schuffner Neto ,
    Chief Distribution & Sales Officer, Member of Exec. Board and Alternate Director
    N/A N/A
    Mr. Luiz Henrique de Castro Carvalho ,
    Chief Generation & Transmission Officer and Member of Exec. Board
    N/A N/A
    Dollar amounts are as of and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.


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