On the Record · Energy Co of Minas Gerais
Energy Co of Minas Gerais acquisitions, on the record
The businesses Energy Co of Minas Gerais bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Light S.A.Word for word“On January 22, 2021, the Company sold 68,621,264 shares that it held in that investee, at the price per share of R$20.00, in the total amount of R$1,372 million.” 20-F for 2023 | divestiture | January 22, 2021 | R$1,372 million |
Renova Energia S.A.Word for word“On May 5, 2022, Cemig concluded the sale of its entire CEMIG equity interest held in Renova Energia S.A. – In-court supervised reorganization – as well as the assignment, for consideration, of all credits owed to CEMIG by Renova Comercializadora de Energia S.A. – In court supervised reorganization – for a total consideration of R$60 million, with a right to receive an earn out subject to certain future events, as provided in Share Purchase Agreement (‘the Agreement’) entered with AP Energias Renováveis Fundo de Investimento em Participações Multiestratégia on November 11, 2021.” 20-F for 2023 | divestiture | May 5, 2022 | R$60 million |
Madeira Energia S.A.Word for word“On March 20, 2023, Cemig GT concluded the sale of all the equity interest – equivalent to 7.53% of the share capital – it held directly and indirectly in Madeira Energia S.A, the parent company of Santo Antônio Energia S.A., to Furnas Centrais Elétricas S.A., for R$55.4 million.” 20-F for 2023 | divestiture | March 20, 2023 | R$55.4 million |
Baguari Energia (Consórcio UHE Baguari interest)Word for word“The transaction was concluded on October 6, 2023, resulting in a proceed of R$432.8 million.” 20-F for 2023 | divestiture | October 6, 2023 | R$432.8 million |
Retiro Baixo Energética S.A.Word for word“The transaction was concluded on November 22, 2023, resulting in a proceed of R$223.4 million.” 20-F for 2023 | divestiture | November 22, 2023 | R$223.4 million |
Ativas Data Center S.A.Word for word“On December 28, 2022, Cemig completed the sale of its entire equity interest in Ativas Data Center S.A. (‘Ativas’) to Sonda Procwork Informática Ltda.” 20-F for 2023 | divestiture | December 28, 2022 | — |
Axxiom Soluções Tecnológicas S.A.Word for word“The transaction was concluded on April 17, 2023.” 20-F for 2023 | divestiture | April 17, 2023 | — |
Sete Lagoas Transmissora de Energia S.A. (SLTE)Word for word“On December 23, 2021, Cemig completed acquisition of the totality of the equity interests held by Cobra Brasil Serviços, Comunicações e Energia S.A. and Cobra Instalaciones y Servicios S.A. in Sete Lagoas Transmissora de Energia S.A. (‘SLTE’) , becoming the holder of a 100% of the shares in that company.” 20-F for 2023 | acquisition | December 23, 2021 | — |
CentroesteWord for word“On January 13, 2020, the Company concluded the acquisition of 49% of the share capital held by Eletrobras in Centroeste, becoming the sole owner of the investee since then.” 20-F for 2023 | acquisition | January 13, 2020 | — |
Light S.A.Word for word“In 2006, CEMIG began to operate in other states, with the acquisition of a significant interest in Light S.A. (‘Light’), which concession is in the state of Rio de Janeiro, and Transmissoras Brasileiras de Energia – TBE, which owned transmission lines in Northern, Midwest and Southern Brazil.” 20-F for 2024 | acquisition | 2006 | — |
Terna Participações S.A., now called Transmissora Aliança de Energia Elétrica S.A. (‘Taesa’)Word for word“In April 2009, CEMIG GT acquired Terna Participações S.A., now called Transmissora Aliança de Energia Elétrica S.A. (‘Taesa’).” 20-F for 2024 | acquisition | April 2009 | — |
Renova Energia S.A. (‘Renova’)Word for word“Also, in 2011, CEMIG acquired a controlling stake in Renova Energia S.A. (‘Renova’), which has been working with Small Hydroelectric Power Plants (SHPs) and wind farms for over a decade.” 20-F for 2024 | acquisition | 2011 | — |
Light S.A. sharesWord for word“On January 22, 2021, the Company sold 68,621,264 shares that it held in that investee, at the price per share of R$20.00, in the total amount of R$1,372 million.” 20-F for 2024 | divestiture | January 22, 2021 | R$1,372 million |
Renova Energia S.A. – In Judicial RecoveryWord for word“On November 11, 2021, CEMIG entered into a Share Purchase Agreement (‘the Agreement’) with AP Energias Renováveis Fundo de Investimento em Participações Multiestratégia, including the following terms (‘the Transaction’): (i) sale of all CEMIG equity interest in Renova Energia S.A. – In Judicial Recovery, (ii) assignment, for consideration, of all credits owed to CEMIG by Renova Comercializadora de Energia S.A. – In Judicial Recovery – for a total consideration of R$60 million, and (iii) a CEMIG earn-out right subject to certain future events.” 20-F for 2024 | agreed divestiture | November 11, 2021 | R$60 million |
Axxiom Soluções Tecnológicas S.A. (‘Axxiom’)Word for word“On December 22, 2022, CEMIG signed a share purchase agreement for disposal of its 49% equity interest in Axxiom Soluções Tecnológicas S.A. (‘Axxiom’) to Light S.A., owner of the remaining 51%.” 20-F for 2024 | agreed divestiture | December 22, 2022 | — |
Baguari Energia (34% indirect interest in Consórcio UHE Baguari)Word for word“The transaction was concluded on October 6, 2023, resulting in proceeds of R$432.8 million.” 20-F for 2024 | divestiture | October 6, 2023 | R$432.8 million |
Aliança Energia S.A.Word for word“On August 13, 2024, CEMIG GT concluded the sale of all the equity interest – equivalent to 45% of the share capital – it held directly in Aliança Energia S.A. to Vale S.A.” 20-F for 2024 | divestiture | August 13, 2024 | — |
Alienation of 15 SHPs/ HPPs of CEMIG Geração e Transmissão S.A. and Horizontes Energia S.A.Word for word“Thema I Project Process of alienation of 15 SHPs/ HPPs of CEMIG Geração e Transmissão S.A. and Horizontes Energia S.A.” 20-F for 2024 | agreed divestiture | — | — |
Baguari EnergiaWord for word“The transaction was concluded on October 6, 2023, resulting in proceeds of R$432.8 million.” 20-F for 2025 | divestiture | October 6, 2023 | R$432.8 million |
Machado Mineiro, Sinceridade, Martins and Marmelos plantsWord for word“On October 16, 2025, CEMIG GT and its wholly-owned subsidiaries completed the onerous transfer of the Machado Mineiro, Sinceridade, Martins and Marmelos plants, after all precedent conditions of the Onerous Transfer Agreement had been fulfilled.” 20-F for 2025 | divestiture | October 16, 2025 | — |
two distributed generation photovoltaic power plants and one UFVWord for word“On December 19, 2025, CEMIG SIM concluded the acquisition of a 51% equity interest in two distributed generation photovoltaic power plants and 100% of one UFV, totaling 10 MWp of installed capacity, for an amount of R$56.6 million.” 20-F for 2025 | acquisition | December 19, 2025 | R$56.6 million |
Sete Lagoas Transmissora de Energia S.A.Word for word“On December 23, 2021, CEMIG completed acquisition of the totality of the equity interests held by Cobra Brasil Serviços, Comunicações e Energia S.A. and Cobra Instalaciones y Servicios S.A. in Sete Lagoas Transmissora de Energia S.A. (‘SLTE’), becoming the holder of a 100% of the shares in that company.” 20-F for 2025 | acquisition | December 23, 2021 | — |
Read from Energy Co of Minas Gerais’s annual reports (20-F for 2025, 20-F for 2024, 20-F for 2023) and the financial data it files with the SEC, as of 2026-04-17. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.