Companhia Energética de Minas Gerais - CEMIG
Logotype for Companhia Energética de Minas Gerais - CEMIG

Companhia Energética de Minas Gerais - CEMIG (CMIG4) investor relations material

Companhia Energética de Minas Gerais - CEMIG Investor presentation summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Companhia Energética de Minas Gerais - CEMIG
Investor presentation summary18 Aug, 2026

Strategic positioning and business model

  • Operates as one of Brazil's largest integrated utilities, serving over 9.6 million customers across 774 municipalities, with a balanced portfolio in distribution, generation, trading, transmission, and natural gas.

  • Maintains a verticalized platform with strong presence in Minas Gerais and assets in 26 Brazilian states and the Federal District.

  • Holds a local AAA credit rating, with low leverage and disciplined financial management.

  • Distribution concession extended to 2045, transmission to 2043, and gas to 2053, ensuring long-term operational stability.

  • Focuses on clean energy, with 100% of its portfolio from renewable sources.

Financial performance and investment

  • EBITDA reached R$ 7,496 million in 1H26, with strong cash flow and recurring high dividend yields (up to 15.1%).

  • Net leverage remains low, with net debt/EBITDA at 1.58 for generation/transmission and 2.89 for distribution.

  • Investment plan for 2026–2030 exceeds R$ 44 billion, prioritizing distribution (R$ 29 billion), generation, transmission, distributed generation, and gas.

  • R$ 3.3 billion invested in 1H26, up 19.2% YoY; total R$ 25.7 billion invested from 2019 to 2025.

  • Dividend policy guarantees a minimum 50% net income payout, supporting attractive shareholder returns.

Operational highlights and efficiency

  • Largest electricity distribution network in South America, with over 590,000 km of grid and 508 substations as of 1H26.

  • Regulatory OPEX and energy losses remain below regulatory limits, with continuous improvements in quality indicators (DEC/FEC).

  • Major digitalization and modernization initiatives, including installation of 1.25 million smart meters and expansion of remote telecontrol.

  • Rural and urban programs target network resilience, automation, and improved service quality.

  • Distributed generation leadership in Minas Gerais, with over 390,000 DG units connected and 5.12 GW installed power.

Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.
Research faster. Power your platform.

Next Companhia Energética de Minas Gerais - CEMIG earnings date

Logotype for Companhia Energética de Minas Gerais - CEMIG
Q3 202612 Nov, 2026
Companhia Energética de Minas Gerais - CEMIG
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Companhia Energética de Minas Gerais - CEMIG earnings date

Logotype for Companhia Energética de Minas Gerais - CEMIG
Q3 202612 Nov, 2026

The essential earnings season companion

The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Explore our global coverage