Cemig Invests $5.1 Billion, Reaches 75% of 2026 Budget Target

Cemig invests R$5.1 billion by September, reaching 75.8% of the 2026 budget.
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Cemig pushes forward with investments, allocating R$ 5.1 billion to energy infrastructure through September 2026, surpassing 75% of its annual budget.

The Cemig demonstrated a strong investment pace in the third quarter of 2026, with contributions totaling R$ 5.1 billion between January and September.

This amount represents 75.8% of the total annual budget of R$ 6.73 billion, highlighting the robust execution of the company’s plan.

The bulk of these funds, R$ 4.15 billion, was directed toward modernizing and expanding the electric distribution infrastructure in Minas Gerais, a key pillar for ensuring continuous, high‑quality supply to millions of consumers.

The focus on distribution is reflected in tangible results that directly impact the lives of Minas Gerais residents.

Twenty‑five new substations were delivered, along with the modernization of five others, significantly boosting the system’s capacity and resilience.

Simultaneously, the expansion of low‑ and medium‑voltage networks over 3,886 kilometers strengthens the infrastructure needed to meet growing consumption and the demands of a constantly developing state.

The Belo Horizonte Metropolitan Region, in particular, received substantial investments, exceeding R$ 870 million during the period.

Distribution Spotlight: Modernization and Expansion

The distribution sector captured the majority of Cemig‘s investments, with R$ 4.15 billion allocated.

This strategy aims not only to keep pace with demand growth across residential, commercial, industrial, and rural sectors but also to prepare the network for the challenges posed by increasingly severe weather events.

The delivery of new substations and the expansion of transformation capacity to 145 MVA are critical steps to prevent overloads and ensure supply stability.

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Marco Vasconcelos, president of Cemig, emphasized the consistency in executing the investment plan:

We are consistently advancing the execution of our investment plan, with projects that expand the electric system’s capacity and directly improve the quality of power supply. The delivery of new substations, the modernization of existing structures, and the expansion of networks represent significant improvements for customers and reinforce our commitment to the development of Minas Gerais.

The 508 distribution substations now in operation at the company attest to the reach and scale of these investments.

Diversification and New Energy Horizons

Beyond distribution, Cemig’s investments have covered other strategic segments.

In transmission, R$462 million was allocated to reinforcements and upgrades, resulting in a 53.7% increase in the Annual Permitted Revenue (RAP), raising it by R$49.6 million.

In generation, R$65 million was invested in expansion and maintenance projects.

A highlight is Cemig SIM, which added 61 MWp to its installed distributed generation capacity, totaling 213 MWp with the addition of 21 photovoltaic plants.

The company also expanded its natural gas distribution operations, with Gasmig investing R$61 million in the Central-West project.

This diversification reflects Cemig’s strategy to consolidate its position as an integral player in the energy infrastructure sector, exploring new solutions and markets.

President Vasconcelos reinforced the company’s commitment:

Our planning covers different areas of operation, from modernizing distribution and transmission networks to expanding energy generation and new energy solutions. We are investing to provide an increasingly efficient infrastructure that is ready to keep pace with economic development and consumer needs.

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