Companhia Energética de Minas Gerais (CIG) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon, everyone. I am Carolina Sena, Superintendent of Investor Relations at CEMIG. Welcome. to CEMIG's second quarter 2025 earnings video conference call. We inform you that this video conference is being recorded and will be available on the company's RR website at ri.com.cemic.com.br, where you will also find the full package on this call. Should you need simultaneous interpretation, The feature is available on the platform. Just click on the globe icon located on the bottom of the screen, choose Interpretation, and then select the language of your choice, Portuguese or English. If you're following the call in English, you may also select Mute Original Audio to mute Portuguese original audio on the back. All participants will have their microphones disabled during the presentation. After the presentation, we will start the Q&A session. We will now start our call with Reynaldo Passanese Filho, our CO, Andrea Marques de Almeida, CFO and IR Officer, Luis Claudio Correa Villani, Chief Information Officer, Marco da Camino and Conan Lopez Olido, Chief Generation and Transmission Officer, Marneita Deu Antunes, Chief Distribution Officer, and Sergio Lopez Cabral, Chief Trading Officer. For the initial remarks, we would like to turn the floor to our CEO, Reynaldo Passanese Filho. Good afternoon, everyone. It's a pleasure to be here talking to you and to show the progress of our company. I would say that as our initial video brought to you, We are now with our largest investment program at all times. Once again, this quarter, with growing investments, we already have R2.7 billion in investments in this first half of the year. And also, with great consistency in results generation, adjusted EBITDA of R2.2 billion, a very sound result. This is our adjusted EBITDA wit...