Companhia Energética de Minas Gerais (CIG) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon, everyone. I am Carolina Sena, CEMIG's Investor Relations Superintendent. Welcome to CEMIG's first quarter 2026 earnings video conference call. Please note that this video conference is being recorded. and it will be available on the company's IR website at ri.semi.com.br, where you will also find the company's presentation. Should you need simultaneous interpretation, the feature is available by clicking on the globe icon located on the center bottom of the screen. Upon choosing interpretation, select your language of choice. Portuguese or English. Should you choose to follow the call in English, you may also select mute original audio. During the company's presentation, all participants will have their microphones disabled. After that, we will open a Q&A session. Before turning to the results presentation, we would like to inform you that the appointment of Alexandre Ramos Peixoto as the new CEO of Semigi has been approved as of yesterday. Alexandre Ramos Peixoto replaces Reinaldo Patanesi, to whom the company recognizes and expresses its gratitude for the work carried out. Under his management, Semigi conducted a consistent financial recovery process resumed investment levels and developed a strategic plan worth approximately $70 billion through 2030. During this period, the company has strengthened its infrastructure, expanded the number of substations, modernized the grid, and eliminated historical bottlenecks. It also resumed sustainable growth and achieved the highest market value in its history, increasing it from $8 billion to $45 billion. The departure stems from the term limit restriction provided for the state-owned enterprises law, law number 13303-36. It is precisely to give continuity to this trajectory that Alexandre Ramos Peixoto comes...