Radar > 240199

Grupo Cemig closes partnership with USTDA - Trade and Development Agency

O Grupo Cemig fecha parceria com a USTDA - Trade and Development Agency

Intel ID : 240199
Synopsis

Grupo Cemig (BVMF: CMIG4; NYSE: CIG), based in Minas Gerais, closes a partnership with STDA - Trade and Development Agency, for the investment of BRL 4.2 m in renewable energy and telecom projects, reported Valor Econômico on 1 September 2016.

STDA - Trade and Development Agency is the US government trade and development agency.

It is planned a project involving studies that will assist in the renewable energy flow and other generation resources distributed in Grupo Cemig network, and another providing for the development of an expansion plan of operating telecom systems that assist the subsidiaries Cemig Distribuição and Cemig Geração e Transmissão, the report noted.

Grupo Cemig will benefit from the products of the projects and will review and approve the results presented by responsible companies.
(content in portuguese)

O Grupo Cemig (BVMF:CMIG4; NYSE:CIG), com sede no estado de Minas Gerais, fecha parceria com a STDA - Trade and Development Agency, para o investimento de BRL 4,2 m em projetos de energia renováveis e de telecomunicação, segundo publicou o valor Econômico no dia 1º de setembro de 2016.

A STDA - Trade and Development Agency é a agência de comércio e desenvolvimento do governo dos Estados Unidos.

De acordo com a notícia, está previsto um projeto envolvendo estudos que auxiliarão no fluxo de energia renovável e de outros recursos de geração distribuída na rede do Grupo Cemig, e outro que prevê a elaboração de um plano para expansão dos sistemas de telecomunicação operativas que atendem às subsidiárias Cemig Distribuição e Cemig Geração e Transmissão.

O Grupo Cemig será beneficiado com os produtos dos projetos e fará a análise e aprovação dos resultados apresentados pelas empresas responsáveis.

Target

Cemig
Brazil

Intel ID 240199
Value ND
Native Currency Brazilian Real (BRL)
Exchange Rate:
Financial Data - Cemig
(31 Dec 2024)
Revenue: EUR 6.216,28m
EBITDA: EUR 1.542,05m
Net Debt: EUR 1.564,73m
Exchange Rate:
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Consultancy, Audit and Engineering (Primary)
Services and Distribution / Other Services
Country
Website
Description

Target

Name
potential
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Electric (Primary)
Primary Sector (TTRSC)
20.03.10 Power Transmission & Distribution
20 Energy & Utilities / 20.03 Power Generation & Electric Utilities

Secondary Sectors (TTRSC)
20.01.01 Energy Traders & Brokers
20 Energy & Utilities / 20.01 Energy Services

35.03.04 Electrical Infrastructure Construction & Engineering
35 Industrials / 35.03 Construction & Engineering

Country
Website
Description

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.