Fitch Ratings has reaffirmed Companhia Energética de Minas Gerais (Cemig) and its subsidiaries’ global rating at BB. This rating places Cemig just two steps away from investment grade status. Simultaneously, Fitch upgraded Cemig’s long-term national rating to AAA, the highest possible score on their scale. The outlook for these long-term ratings remains stable. Cemig’s solid […]
