Axpo Iberia and ENGIE España have been appointed voluntary market makers in the MIBGAS electronic trading platform for the second semester of 2018, as stated in the corresponding Resolution of the Department for Energy Policy and Mines.

For the first time, this service is awarded to two companies, in this case: Axpo Iberia which already dealt with such a market function for the second half of 2017; and ENGIE España which performed this task for the first half of the present year. It should be also noted the fact that both companies have experience in performing this market revitalization role in most of the European organised markets. The task of the (voluntary) market maker is to stimulate the growth of the liquidity of natural gas wholesale markets by means of achieving the continuous presence of purchase and sale offers on the platform’s screen, specifically in the continuous market.

Axpo Iberia (www.axpo.com) is the subsidiary of the Swiss group Axpo in Spain and Portugal. After more than 15 years of presence in Spain, Axpo has established itself as one of the largest energy groups in our country, supplying annually 26.7 TWh of gas and electricity, and managing the largest portfolio of renewable energy in Spain. The Axpo Group produces, commercialises and distributes energy in Switzerland and in 30 European countries, as well as, most recently, in the US.

ENGIE (www.engie.es), a leading group in the energy transition, has broad multisectoral experience in offering energy efficiency services (from the creation and design of clientspecific energy efficiency solutions and installations, to operation and maintenance services), in addition to a strong position in the value chain in the natural gas and renewables sectors and a consolidated presence in the Spanish energy market, with 2,000 MW of natural gas-fuelled combined cycles and 86 MW of renewable energy (mini-hydro and photovoltaic). ENGIE’s experience is complemented with its offer of power and gas marketing services in the retail sector and tailor-made solutions for each client and each sector of activity.