Companies

Companhia de Desenvolvimento Econômico de Minas Gerais (Codemig)

Get all the information about Companhia de Desenvolvimento Econômico de Minas Gerais (Codemig), a company operating mainly in the Electric Power sector. Connect with its key contacts, projects, shareholders, related news and more. The company has operations in Brazil, which include Upstream Company. Write to us at info@bnamericas.com or call us at +56 (2) 29410300 to schedule a demonstration of our platform.

Upstream Company

Description:

Companhia de Desenvolvimento Econômico de Minas Gerais (Codemig) is Brazilian state-run multi-business company owned by the State of Minas Gerais. It operates in the mining sector, exploiting the State's mineral reserves (iron ore, niobium and rare earths), and in the energy and infrastructure sectors, with projects in the thermal and photovoltaic power segments. Codemig also holds interests in several onshore exploration blocks—the SF-T-104, SF-T-114, SF-T-120, and SF-T-127 blocks, where Codemig holds 24.5% interest and which are located in the São Francisco Basin— and block SF-T-132 in the Recôncavo Basin, where it is the owner of a 49% stake. The company was founded in 2003 and is headquartered in Belo Horizonte.

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