R$1.15B debentures and Pipoca hydro deal reshape Cemig (NYSE: CIG)

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Cemig (NYSE: CIG) is preparing for its Annual Shareholders’ Meeting on April 30, 2026, where it will discuss the allocation of its 2025 net income of R$4.897 billion and approve Interest on Equity (IoE) of R$657.9 million, payable in two installments. Concurrently, Cemig completed the acquisition of a 51% stake in Hidrelétrica Pipoca S.A. for R$38.87 million, adding 20 MW to its capacity, and its subsidiary Cemig Distribuição issued R$1.15 billion in 15-year debentures for a priority project. The company also clarified media reports regarding a potential corporate model change, reaffirming its transparency and compliance with regulatory bodies like the CVM and SEC, having filed its 2025 Form 20-F.

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