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2024

Cemig’s Strategic Refocus Yields R$13 Billion in Savings

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Cemig, a key player in Brazil’s energy sector, has streamlined its operations and shed non-core assets, culminating in a financial turnaround with savings amounting to R$13 billion ($2.39 billion). This shift, initiated to concentrate efforts within its home state of Minas Gerais, has allowed the company to direct resources toward enhancing its distribution network. This […]