The story
Founded by Juscelino Kubitschek on May 22, 1952.1
Cemig was founded in 1952 by the governor of Minas Gerais, Juscelino Kubitschek. It is one of the largest integrated companies in the electricity sector in South America, in number of customers, and one of the largest in Latin America, in kilometers of network and equipment and installations. The group comprises more than 103 companies, 09 consortiums and 02 Equity Investment Funds. It is a publicly traded company controlled by the Government of the State of Minas Gerais and has 200,000 shareholders in 39 countries. Its shares are traded on B3, the New York Stock Exchange and the Madrid Stock Exchange.
From Wikipedia’s article on CEMIG, shared under CC BY-SA 4.0.8