Cemig Competitors and Similar CompaniesClear all

Cemig's competitors and similar companies include CS Energy and Axpo.

	Cemig Cemig engages in the generation, transmission, distribution, and sale of electricity.	CS Energy CS Energy is an energy company that generates and sells electricity.	Axpo Axpo is a producer of renewable energy specializing in energy trading and the marketing of solar and wind power.
Founding Date	Founding Date 1952	Founding Date 1997	Founding Date 1914
Type	Type Public	Type Private	Type Private
Tags	Tags Energy & Utilities electricity renewables solar wind	Tags Energy & Utilities energy services energy storage renewables	Tags Energy & Utilities renewables solar wind
Locations	Locations Belo Horizonte, BR HQ	Locations Brisbane, AU HQ Biloela, AU Brigalow, AU	Locations Baden, CH HQ Wien, AT Bruxelles, BE Sarajevo, BA Sofia, BG Zagreb, HR see more
Employees	Employees 4,918	Employees 7361% increase	Employees 7,000
Financial
Revenue (est.)	Revenue (est.) R$39.8b (FY, 2024)	Revenue (est.) $2.1b (FY, 2023)	Revenue (est.) N/A
Cost of goods	Cost of goods R$28.9b (FY, 2024)	Cost of goods $1b (FY, 2023)	Cost of goods N/A
Gross profit	Gross profit R$14.1b (FY, 2024)	Gross profit $1.1b (FY, 2023)	Gross profit N/A
Net income	Net income R$7.1b (FY, 2024)	Net income ($14.6m) (FY, 2023)	Net income N/A