6-K
Energy Co Of Minas Gerais (CIG)
FORM 6-K
securities and exchange commission
washington, d.c. 20549
report of foreign private issuer
pursuant to rule 13a-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; |
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| 2. | 2Q22 Results Presentation. |
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| 3. | Notice to the Market - Development of Photovoltaic Energy Projects. |
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| 4. | Notice to the Market - Clarifications about Official Letter B3 872/2022-SLS of 08/17/2022. |
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| 5. | Notice to the Market - Blackrock - Relevant Acquisition. |
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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.
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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
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1. 2Q22 Earnings Release.
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2. 2Q22 Results Presentation.
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3. Notice to the Market - Development of Photovoltaic Energy Projects.
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COMPANHIA ENERGÉTICA DE MINAS GERAIS - CEMIG
PUBLICLYHELD 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$377 million for the Jusante PSP.
Both projects were fully developed by Cemig GT's engineers and enabled through energy negotiation for free clients under the self-production modality for an average term of 20 years. The project schedule predicts that the plants will be energized by September 2023.
The implementation of these plants is aligned with the Cemig Group’s strategic planning, reinforcing its performance in the renewable energy segment, with profitability compatible with the Company's cost of equity for this type of project.
Belo Horizonte, August 22, 2022.
Leonardo George de MagalhãesChief Financial and Investor Relations Officer
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4. Notice to the Market
Clarifications about Official Letter B3 872/2022-SLS of 08/17/2022.
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COMPANHIA ENERGÉTICA DE MINAS GERAIS- CEMIG
PUBLICLY HELD COMPANY
Corporate Taxpayer’s ID (CNPJ): 17.155.730/0001-64
Company Registry (NIRE): 31.300.040.127
NOTICE TO THE MARKET
Clarifications about Official Letter B3 872/2022-SLS of 08/17/2022
B3 Questioning
Cia. Energética de Minas Gerais - CEMIG
Attn.: Mr. Leonardo George de Magalhães
Investor Relations Officer
Ref: Request for clarificationon atypical fluctuation
Dear Sir or Madam,
Given the latest fluctuations in the price of the company’s securities, the number of trades and the trading volume, as shown below, we hereby request you to inform, by August 22, 2022, if you are aware of any fact that can justify these fluctuations.
| Common Shares | ||||||||
|---|---|---|---|---|---|---|---|---|
| Prices (R per share) | ||||||||
| Date | Minimum | Maximum | Average | Close | Variation % | # Trades | Amount | Volume (R$) |
| 08/04/2022 | 17.19 | 17.91 | 17.74 | 17.84 | 3.78 | 1,160 | 260,300 | 4,616,691.00 |
| 08/05/2022 | 17.69 | 18.08 | 17.85 | 17.86 | 0.11 | 593 | 120,800 | 2,156,305.00 |
| 08/08/2022 | 17.85 | 18.50 | 18.27 | 18.18 | 1.79 | 1,470 | 346,800 | 6,334,390.00 |
| 08/09/2022 | 18.22 | 18.67 | 18.50 | 18.65 | 2.58 | 1,667 | 344,600 | 6,374,715.00 |
| 08/10/2022 | 18.55 | 18.99 | 18.80 | 18.66 | 0.05 | 1,734 | 249,400 | 4,689,733.00 |
| 08/11/2022 | 18.54 | 19.07 | 18.78 | 18.67 | 0.05 | 1,525 | 302,500 | 5,680,352.00 |
| 08/12/2022 | 18.57 | 18.97 | 18.83 | 18.94 | 1.44 | 710 | 108,800 | 2,048,893.00 |
| 08/15/2022 | 18.64 | 19.46 | 18.88 | 18.76 | -0.95 | 1,912 | 345,500 | 6,521,390.00 |
| 08/16/2022 | 18.60 | 18.87 | 18.73 | 18.77 | 0.05 | 767 | 115,500 | 2,163,165.00 |
| 08/17/2022* | 18.63 | 19.82 | 19.40 | 19.78 | 5.38 | 893 | 251,800 | 4,885,837.00 |
All values are in US Dollars.
| Preferred<br> Shares | ||||||||
|---|---|---|---|---|---|---|---|---|
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| Date | Minimum | Maximum | Average | Close | Variation % | # Trades | Amount | Volume (R$) |
| 08/04/2022 | 11.37 | 11.74 | 11.60 | 11.67 | 2.91 | 16,743 | 5,802,700 | 67,289,527.00 |
| 08/05/2022 | 11.61 | 11.78 | 11.70 | 11.70 | 0.25 | 8,126 | 3,510,400 | 41,067,420.00 |
All values are in US Dollars.
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| 08/08/2022 | 11.75 | 11.65 | 12.03 | 11.91 | 11.92 | 1.88 | 14,177 | 7,886,600 | 93,952,212.00 |
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| 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
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5. Notice to the Market
Blackrock - Relevant Acquisition.
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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 theequity interests mentioned above is strictly related to investments,
not aiming at changing the Company’scontrolling interest or the management
structure; and
(II) BlackRock did not enter intoany agreements or contracts
regulating voting rights or thepurchase and sale of securities
issued by the Company.”
Belo Horizonte, August 23, 2022.
Leonardo George de Magalhães
Chief Financial and Investor Relations Officer