CIG-C - Companhia Energetica de Minas Gerais Stock Price & Dividend Safety Sector: Utilities | Exchange: New York Stock Exchange Current Price & Safety Score Price: 3.15 USD StockBonds Safety Grade: A+ Altman Z-Score (Bankruptcy Risk): 1.95 StockBond Score: -1.44 Company Description Companhia Energetica de Minas Gerais CEMIG through its various subsidiaries plays a comprehensive role in Brazils energy landscape covering the production transmission distribution and retail of power The company also maintained an extensive network of 339086 miles of distribution lines and 4449 miles of transmission lines Beyond its core electricity operations CEMIGs diverse ventures encompass the procurement transportation and supply of natural gas along with its byproducts and derivatives It also provides a range of IT services such as cloud solutions infrastructure management and cybersecurity as well as supplying technology systems for the operational oversight of public service concessions Additional activities include energy trading telecommunications services distributed power generation customer account handling cogeneration initiatives for energy efficiency and the management of supply and storage The company was established in 1952 and is headquartered in Belo Horizonte Brazil