Osai Automation System S.p.A. (6JG)

Overview

Companhia Energética de Minas Gerais - CEMIG is a significant player in Brazil's energy sector, focusing on the generation, transmission, distribution, and sale of electricity. Established in 1952 and headquartered in Belo Horizonte, Brazil, CEMIG has greatly contributed to the development and reliability of the Brazilian electrical grid. As of December 31, 2023, the company boasts a diverse portfolio of assets, including 57 hydro plants, 9 wind farms, and 2 photovoltaic power stations, which collectively have a sizable generation capacity. CEMIG operates a vast network of distribution and transmission lines that crisscross the nation, ensuring efficient energy supply to a broad customer base. Beyond its primary operations in the electricity sector, CEMIG also delves into gas and derivatives, showcasing its versatility and commitment to meeting Brazil's energy demands.

Products and Services

• Electricity Generation:

  CEMIG owns and operates a mix of 57 hydroelectric plants, 9 wind farms, and 2 photovoltaic power stations, providing a total generation capacity of over 5,189 MW. This diversification in energy sources helps the company ensure a stable and reliable supply of electricity, catering to the growing energy demand in Brazil.

• Transmission and Distribution:

  The company manages 4,653 miles of transmission lines and 344,006 miles of distribution lines. This extensive network facilitates the efficient distribution of electricity from generation sites to consumers, including residential, commercial, and industrial customers, across various regions.

• Natural Gas:

  CEMIG is also engaged in the acquisition, transportation, and distribution of natural gas and its sub-products and derivatives. This segment complements the company's energy portfolio by offering alternative energy solutions and contributing to Brazil's energy security.

• Energy Sale and Trading:

  The company participates actively in the sale and trading of energy. Its involvement spans various aspects of the energy market, from direct sales to distribution companies and large users, to trading activities that optimize the company's energy portfolio in the competitive Brazilian energy market.

• Electricity Transmission Construction and Maintenance:

  CEMIG undertakes the construction, implementation, operation, and maintenance of electricity transmission infrastructure. This service is crucial for the expansion and reliability of Brazil's electricity grid, ensuring the continuous delivery of energy across the country.

• Energy-Related Services:

  The company offers a range of services related to energy, including distributed generation, account services, cogeneration, energy efficiency, and supply and storage management. These services are designed to enhance energy utilization and sustainability for its customers.