6-K 1 cig20220830_6k.htm FORM 6-K

FORM 6-K

 

securities and exchange commission
washington, d.c. 20549

 

report of foreign private issuer
pursuant to rule 13
a-16 or 15d-16 of
the securities exchange act of 1934

 

For the month of August 2022

Commission File Number 1-15224

 

Energy Company of Minas Gerais

(Translation of Registrant’s Name Into English)

Avenida Barbacena, 1200

30190-131 Belo Horizonte, Minas Gerais, Brazil

(Address of Principal Executive Offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F   X   Form 40-F ___

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper

as permitted by Regulation S-T Rule 101(b)(1): _____

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper

as permitted by Regulation S-T Rule 101(b)(7): _____

 

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

 

Yes ___ No   X  

 

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): N/A

 

 
 

Index

Item              Description of Items

1.2Q22 Earnings Release;
2.2Q22 Results Presentation.
3.Notice to the Market - Development of Photovoltaic Energy Projects.
4.Notice to the Market - Clarifications about Official Letter B3 872/2022-SLS of 08/17/2022.
5.Notice to the Market - Blackrock - Relevant Acquisition.

 

 

 

Forward-Looking Statements

 

This report contains statements about expected future events and financial results that are forward-looking and subject to risks and uncertainties. Actual results could differ materially from those predicted in such forward-looking statements. Factors which may cause actual results to differ materially from those discussed herein include those risk factors set forth in our most recent Annual Report on Form 20-F filed with the Securities and Exchange Commission. CEMIG undertakes no obligation to revise these forward-looking statements to reflect events or circumstances after the date hereof, and claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995.

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

COMPANHIA ENERGÉTICA DE MINAS GERAIS – CEMIG

 

 

 

By: /s/ Leonardo George de Magalhães

 

Name: Leonardo George de Magalhães

Title: Chief Finance and Investor Relations Officer

Date: August 31, 2022

 

 

1.       2Q22 Earnings Release.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2.       2Q22 Results Presentation.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

3.       Notice to the Market - Development of Photovoltaic Energy Projects.

 

 

COMPANHIA ENERGÉTICA DE MINAS GERAIS - CEMIG

PUBLICLY HELD COMPANY

 

Corporate Taxpayer’s ID (CNPJ): 17.155.730/0001-64

Company Registry (NIRE): 31300040127

 

 

NOTICE TO THE MARKET

 

 

COMPANHIA ENERGÉTICA DE MINAS GERAIS – CEMIG (“CEMIG or Company”), a publicly held company with shares traded on the stock exchanges of São Paulo, New York and Madrid, and CEMIG GERAÇÃO E TRANSMISSÃO S.A. (“Cemig GT”), a publicly held company and wholly owned subsidiary of CEMIG, hereby inform to the Brazilian Securities and Exchange Commission (CVM), B3 S.A. – Brasil, Bolsa, Balcão (“B3”) and the market in general that Cemig GT has entered into full EPC (Engineering, Procurement and Construction) service agreements with CET Brazil Transmissão de Energia Ltda., a subsidiary of State Grid Corporation of China (“State Grid”) for the implementation of the Boa Esperança and Jusante photovoltaic solar plants (“PSPs”) in the state of Minas Gerais.

 

The Boa Esperança PSP will have 85MW of installed inverter capacity (approximately 100.4 MWp), being located in a plot of land owned by Cemig GT, in the municipality of Montes Claros, state of Minas Gerais.

 

The Jusante PSP will consist of 7 plants of 10MW each, totaling 70MW of installed inverter capacity (approximately 87 MWp), being located in a plot of land owned by Cemig GT, in the municipality of São Gonçalo do Abaeté, state of Minas Gerais.

 

The service agreements entered into with CET Brazil Transmissão de Energia Ltda. have an estimated CapEx of R$824 million, R$447 million of which allocated for the Boa Esperança PSP and R$377 million for the Jusante PSP.

 

Both projects were fully developed by Cemig GT's engineers and enabled through energy negotiation for free clients under the self-production modality for an average term of 20 years. The project schedule predicts that the plants will be energized by September 2023.

 

The implementation of these plants is aligned with the Cemig Group’s strategic planning, reinforcing its performance in the renewable energy segment, with profitability compatible with the Company's cost of equity for this type of project.

 

 

Belo Horizonte, August 22, 2022.

 

 

Leonardo George de Magalhães
Chief Financial and Investor Relations Officer

 

 

 

4.       Notice to the Market - Clarifications about Official Letter B3 872/2022-SLS of 08/17/2022.

 

 

COMPANHIA ENERGÉTICA DE MINAS GERAIS - CEMIG

 

PUBLICLY HELD COMPANY

Corporate Taxpayer’s ID (CNPJ): 17.155.730/0001-64

Company Registry (NIRE): 31.300.040.127

 

NOTICE TO THE MARKET

Clarifications about Official Letter B3 872/2022-SLS of 08/17/2022

B3 Questioning

 

Cia. Energética de Minas Gerais - CEMIG

Attn.: Mr. Leonardo George de Magalhães

Investor Relations Officer

Ref: Request for clarification on atypical fluctuation

 

Dear Sir or Madam,

Given the latest fluctuations in the price of the company’s securities, the number of trades and the trading volume, as shown below, we hereby request you to inform, by August 22, 2022, if you are aware of any fact that can justify these fluctuations.

 

Common Shares
Prices (R$ per share)
Date Opening Minimum Maximum Average Close Variation % # Trades Amount Volume (R$)
08/04/2022 17.19 17.19 17.91 17.74 17.84 3.78 1,160 260,300 4,616,691.00
08/05/2022 17.98 17.69 18.08 17.85 17.86 0.11 593 120,800 2,156,305.00
08/08/2022 17.87 17.85 18.50 18.27 18.18 1.79 1,470 346,800 6,334,390.00
08/09/2022 18.22 18.22 18.67 18.50 18.65 2.58 1,667 344,600 6,374,715.00
08/10/2022 18.75 18.55 18.99 18.80 18.66 0.05 1,734 249,400 4,689,733.00
08/11/2022 18.68 18.54 19.07 18.78 18.67 0.05 1,525 302,500 5,680,352.00
08/12/2022 18.57 18.57 18.97 18.83 18.94 1.44 710 108,800 2,048,893.00
08/15/2022 19.04 18.64 19.46 18.88 18.76 -0.95 1,912 345,500 6,521,390.00
08/16/2022 18.82 18.60 18.87 18.73 18.77 0.05 767 115,500 2,163,165.00
08/17/2022* 18.71 18.63 19.82 19.40 19.78 5.38 893 251,800 4,885,837.00

  

Preferred Shares
Prices (R$ per share)
Date Opening Minimum Maximum Average Close Variation % # Trades Amount Volume (R$)
08/04/2022 11.39 11.37 11.74 11.60 11.67 2.91 16,743 5,802,700 67,289,527.00
08/05/2022 11.69 11.61 11.78 11.70 11.70 0.25 8,126 3,510,400 41,067,420.00
 

 

 

08/08/2022 11.75 11.65 12.03 11.91 11.92 1.88 14,177 7,886,600 93,952,212.00
08/09/2022 12.00 11.98 12.22 12.14 12.18 2.18 15,177 7,220,500 87,629,168.00
08/10/2022 12.30 12.14 12.50 12.31 12.22 0.32 18,322 10,182,800 125,315,130.00
08/11/2022 12.33 12.15 12.43 12.27 12.19 -0.24 14,094 10,179,000 124,943,329.00
08/12/2022 12.29 12.19 12.45 12.37 12.42 1.88 16,547 9,295,200 114,945,273.00
08/15/2022 12.32 12.07 12.39 12.30 12.31 -0.88 22,492 8,547,900 105,148,072.00
08/16/2022 12.30 12.23 12.40 12.34 12.35 0.32 10,668 4,328,800 53,422,141.00
08/17/2022* 12.29 12.20 13.10 12.83 13.10 6.07 27,314 9,781,100 125,492,010.00


* Last updated at 4:40 p.m.

CEMIG’s Answer

Dear Ms. Ana Lucia Pereira,

 

Companhia Energética de Minas Gerais - CEMIG (“Cemig” or “Company”), pursuant to the Official Letter B3 872/2022-SLS de 08/17/2022, by means of which you request information on any fact known by the Company about the latest fluctuations registered with its shares, the increase in the number of trades and in traded volume, according to the tables above, clarifies that it is not aware of any fact resulting from its activities or business that could cause fluctuations, which has not been duly disclosed by the Company, under the terms of specific regulations, especially CVM Resolution 44/2021.

 

The Company reiterates its commitment to transparency and the best practices of market disclosure.

Belo Horizonte, August 22, 2022.

Leonardo George de Magalhães

Chief Finance and Investor Relations Officer 

 

5.       Notice to the Market - Blackrock - Relevant Acquisition.

 

 

COMPANHIA ENERGÉTICA DE MINAS GERAIS - CEMIG

PUBLICLY HELD COMPANY

 

Corporate Taxpayer’s ID (CNPJ): 17.155.730/0001-64

Company Registry (NIRE): 31.300.040.127

 

NOTICE TO THE MARKET

 

 

COMPANHIA ENERGÉTICA DE MINAS GERAIS – CEMIG (“CEMIG” or “Company”), according to article 12 of CVM Resolution 44/2021, of August 23, 2021, hereby announces that it received a mail from BlackRoock, Inc (“BlackRock”), headquartered at 55 East 52nd Street, in the city and state of New York, 10022-0002, United States, informing that on August 18, 2022, its shares, in aggregate, now account for 10.01% of the Company's total capital, being 130,673,213 preferred shares and 89,646,470 American Depositary Receipts ("ADRs”), representing 89,646,470 preferred shares, totaling 220,319,683 (15.03%) preferred shares, and 7,132,427 derivative financial instruments referenced to preferred shares with financial settlement, corresponding for approximately 0.487% of the Company’s total preferred shares.

 

As reference, in accordance to the notice of April 22, 2021, date of the last mail received by the Company, BlackRock informed that it held 7.28% of Cemig's total capital, being 10.94% of preferred shares.

 

In the email, BlackRock further informs that:

 

“(I) the purpose of the equity interests mentioned above is strictly related to investments,

not aiming at changing the Company’s controlling interest or the management

structure; and

 

(II) BlackRock did not enter into any agreements or contracts

regulating voting rights or the purchase and sale of securities

issued by the Company.”

 

 

 

Belo Horizonte, August 23, 2022.

 

 

 

 

Leonardo George de Magalhães

Chief Financial and Investor Relations Officer