ENERGY CO OF MINAS GERAIS
For the period ended Dec 31, 2024. Filed May 1, 2025.
View on SEC.govAbout this filing
The yearly report of a company based outside the US. It covers much of what a 10-K does, and may follow accounting rules other than US ones.
FY2024 · Filed May 1, 2025
CIG-C$2.82-2.8%Stored close · as of Nov 6, 2026
Contents
COMMITMENTS
- COMMITMENTS
Cemig and its subsidiaries have contractual obligations and commitments not yet incurred, therefore not recognized in these financial statements, which mainly include the purchase of electricity, as shown in the table below:
| 2025 | 2026 | 2027 | 2028 | 2029 | 2030 onwards | Total | |
|---|---|---|---|---|---|---|---|
| Purchase of energy from Itaipu | 1,095 | 1,095 | 1,095 | 1,095 | 1,095 | 19,704 | 25,179 |
| Purchase of energy – auctions | 4,187 | 4,250 | 4,438 | 4,649 | 4,694 | 60,487 | 82,705 |
| Purchase of energy – ‘bilateral contracts’ | 320 | 101 | 20 | - | - | - | 441 |
| Quotas of Angra 1 and Angra 2 | 383 | 383 | 385 | 386 | 385 | 6,839 | 8,761 |
| Transport of energy from Itaipu | 193 | 217 | 224 | 205 | 186 | 3,509 | 4,534 |
| Other energy purchase contracts | 6,352 | 5,137 | 4,306 | 2,987 | 2,805 | 23,590 | 45,177 |
| Physical quota guarantees | 739 | 660 | 582 | 582 | 573 | 10,142 | 13,278 |
| Total | 13,269 | 11,843 | 11,050 | 9,904 | 9,738 | 124,271 | 180,075 |
The payment flows for leases, loans and suppliers are presented in Explanatory Notes 17 and 20.
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