Edition:
United States

Companhia Energetica de Minas Gerais CEMIG (CIGc.N)

CIGc.N on New York Stock Exchange

2.44USD
16 Jan 2018
Change (% chg)

$0.42 (+20.79%)
Prev Close
$2.02
Open
$2.10
Day's High
$2.66
Day's Low
$2.10
Volume
2,519
Avg. Vol
1,289
52-wk High
$4.70
52-wk Low
$1.84

Latest Key Developments (Source: Significant Developments)

Cemig concludes sale of stake in Transchile Charrua Transmision to unit of Ferrovial
Friday, 7 Oct 2016 12:45pm EDT 

Companhia Energetica de Minas Gerais CEMIG :Said on Thursday it concluded the sale of its whole 49 percent stake in Transchile Charrua Transmision SA to Ferrovial Transco Chile SpA, a unit of Ferrovial SA Full Article

Cemig and FIP Coliseu to sell 65.7 mln units of Taesa
Monday, 3 Oct 2016 06:25am EDT 

Transmissora Alianca de Energia Eletrica SA (Taesa): Said on Friday that Fundo de Investimento em Participacoes Coliseu (FIP Coliseu) and Companhia Energetica de Minas Gerais CEMIG (Cemig) had initiated a restricted offering to sell a combined stake of 65.7 million units of Taesa . The offering to be coordinated by Bank of America Merrill Lynch Banco Multiplo, BB-Banco de Investimento, Banco de Investimentos Credit Suisse (Brasil), Banco Modal and Banco Santander (Brasil) .A price per unit to be set upon bookbuilding procedure.  Full Article

Cemig to sell up to 40.7 mln units of Taesa
Thursday, 1 Sep 2016 11:17am EDT 

Companhia Energetica de Minas Gerais SA :Said on Wednesday that its board of directors authorized the sale of up to 40.7 million units of Transmissora Alianca de Energia Eletrica SA (Taesa) , corresponding to 40.7 million common and 81.4 million preferred shares.  Full Article

Moody's recalibrates Brazil's national rating scale and repositions national scale ratings of Brazilian infrastructure issuers
Monday, 9 May 2016 09:25pm EDT 

Moody's : Recalibrates Brazil's national rating scale and repositions national scale ratings of Brazilian infrastructure issuers .Repositioned national scale of 26 Brazilian infrastructure issuers in conjunction with recalibration of Brazilian national rating scale.  Full Article

Companhia Energetica de Minas Gerais Cemig announces dividend payment
Monday, 2 May 2016 07:39am EDT 

Companhia Energetica de Minas Gerais Cemig:Says that the extraordinary meeting approved a dividend payment of 434.0 million Brazilian reais, corresponding t 0.345 reais per share.Record date on April 29.Ex-dividend date on May 2.Dividend to be paid by Dec. 30.  Full Article

BNDES Participacoes SA increases its stake in Companhia Energetica de Minas Gerais Cemig
Friday, 4 Mar 2016 06:39am EST 

Companhia Energetica de Minas Gerais Cemig:Says BNDES Participacoes SA has converted debentures of AGC Energia into 54.3 million common and 16.7 million preferred shares of the company.Says after conversion BNDES Participacoes SA has increased its shareholding interest in the company to12.9 percent of total common stock from 0 percent, and to 3.13 percent of total preferred stock from 1.13 percent.  Full Article

Brazil's Renova Energia board approves Brookfield acquisition

BRASILIA/SAO PAULO, Nov 27 The board of directors for Brazil renewable energy company Renova Energia SA has approved Brookfield Asset Management Inc's proposal to acquire the company, a securities exchange filing showed on Monday.