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Cemig Competitors and Similar CompaniesClear all

Cemig's competitors and similar companies include Eletrobras, CS Energy and Audax Renovables.

	Cemig Cemig engages in the generation, transmission, distribution, and sale of electricity.	Eletrobras Eletrobras (Centrais Elétricas Brasileiras) is a company that provides electric power generation solutions.	CS Energy CS Energy is an energy company that generates and sells electricity.	Audax Renovables Audax Renovables engages in the generation of electricity through renewable sources in the Americas and Europe.
Founding Date	Founding Date 1952	Founding Date 1961	Founding Date 1997	Founding Date 2000
Type	Type Public	Type Public	Type Private	Type Public
Tags	Tags Energy & Utilities electricity renewables solar wind	Tags Energy & Utilities energy services nuclear renewables solar wind	Tags Energy & Utilities energy services energy storage renewables	Tags Energy & Utilities cleantech electricity renewables solar wind
Locations	Locations Belo Horizonte, BR HQ	Locations Rio de Janeiro, BR HQ Brasília, BR Florianópolis, BR Recife, BR Rio De Janeiro, BR Rio De Janeiro, BR Rio De Janeiro, BR	Locations Brisbane, AU HQ Biloela, AU Brigalow, AU	Locations Badalona, ES HQ
Employees	Employees 5,028	Employees 7,710	Employees 736	Employees 75561% increase
Financial
Revenue (est.)	Revenue (est.) R$42.8b (FY, 2025)	Revenue (est.) R$41.3b (FY, 2025)	Revenue (est.) $2.1b (FY, 2023)	Revenue (est.) €2b (FY, 2024)
Cost of goods	Cost of goods R$32.6b (FY, 2025)	Cost of goods R$17.6b (FY, 2025)	Cost of goods $1b (FY, 2023)	Cost of goods €1.8b (FY, 2024)
Gross profit	Gross profit R$10.3b (FY, 2025)	Gross profit R$24.1b (FY, 2025)	Gross profit $1.1b (FY, 2023)	Gross profit €235.7m (FY, 2024)
Net income	Net income R$4.9b (FY, 2025)	Net income R$6.6b (FY, 2025)	Net income ($14.6m) (FY, 2023)	Net income €63.3m (FY, 2024)