Earnings ·
Energy Company of Minas Gerais (CEMIG)mentally's 1Q26 results show a net income of R$979 million, a 5.8% YoY-decrease…
CIGEnergy Co of Minas Gerais
Energy Company of Minas Gerais (CEMIG)mentally's 1Q26 results show a net income of R$979 million, a 5.8% YoY-decrease, and Adjusted EBITDA of R$1.79 billion, a 0.6% YoY-decrease. The company's leadership transition is own-new CEO Alexandre Ramos Peixoto, elected by the Board of Directors on May 7, 2 lack of 2026. Capital allocation focus on regulated businesses, with Capex of R$1.48 billion (+22.1% YoY) and successful completion of the acquisitions of Pipoca HPP and ETTM Transmission Company. CEMIG is an energy utility company operating in the Brazilian electricity and natural gas sectors.