Companhia Energetica De Minas Gerais (CIG) Releases its Earnings Report for the Second Quarter of 2025

Core Insights - Companhia Energetica De Minas Gerais (CIG) reported a 15% increase in adjusted EBITDA, reaching $430 million, while maintaining a net cash position of $585 million [3] - The company experienced a 10.8% revenue growth over the past year and is focused on regional infrastructure expansion within Minas Gerais [4] - CIG has outlined a $10.7 billion investment plan through 2029 to enhance distribution infrastructure and explore concession renewals for its power plants [4] Financial Performance - Adjusted EBITDA increased by 15% to $430 million [3] - Net cash position stands at $585 million [3] - Revenue grew by 10.8% year-over-year [4] Operational Highlights - Distributed generation grew by 20% year-over-year, offsetting a 3.3% decline in energy distribution [3] - Strategic investments included energizing nine substations and adding 2,600 kilometers of new networks [3] Future Outlook - The company is focused on enhancing efficiency and grid resilience through infrastructure expansion [4] - The $10.7 billion investment plan aims to expand distribution infrastructure and automation [4]