Radar > 238394

Grupo Cemig would have hired banks to sell hydroelectric and gas businesses

O Grupo Cemig teria contratado bancos para vender hidrelétrica e negócio de gás

Intel ID : 238394
Synopsis

Grupo Cemig (BVMF: CMIG4; NYSE: CIG), headquartered in the state of Minas Gerais, involved in the electric and gas industry, has hired banks to sell hydroelectric and gas businesses, according to Reuters on 05 July 2016.

According to Reuters, Cemig hired at least three investment banks to prepare the sale of small hydroelectric power plants and a gas distribution unit.

The company hired Itaú BBA to prepare the sale of the gas unit, known as Gasmig, and also mandated Banco do Brasil and BTG Pactual to coordinate the sale of some of the company's 24 small hydroelectric power plants, all located in Minas Gerais.
(content in portuguese)

O Grupo Cemig (BVMF:CMIG4; NYSE:CIG), com sede no estado de Minas Gerais e que se dedica ao segmento de energia elétrica e gás, teria contratado bancos para vender hidrelétrica e negócio de gás, segundo publicou a Reuters no dia 05 de julho de 2016.

De acordo com a notícia, a Cemig contratou ao menos três bancos de investimento para preparar a venda de pequenas centrais hidrelétricas e uma unidade de distribuição de gás.

A empresa teria contratado o Itaú BBA para preparar a venda da unidade de gás, conhecida como Gasmig, e também deu mandato ao Banco do Brasil e ao BTG Pactual para coordenar a venda de algumas das 24 pequenas centrais hidrelétricas da companhia, todas localizadas em Minas Gerais.

Seller

Cemig
Brazil

Advisors

prospect
prospect
prospect

Intel ID 238394
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
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Tags

Seller

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

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Financial Advisory

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.