The OMI Group companies are responsible for managing energy markets in the Iberian Peninsula
The OMI Group is structured into two holding companies, OMEL and OMIP SGPS. Each of these companies holds fifty percent (50%) of the two managing companies for the Iberian Peninsula's electricity market: OMIE manages the day-ahead and intraday market, and OMI-Polo Portugués (OMIP sgmr) manages the forward market.
The managing companies each have fifty-percent (50%) participation in OMIClear- Sociedade de Compensaçaõ de Mercados de Energía, SA.
Additionally, holding companies OMEL and OMIP SGPS participate in MIBGAS, S.A., the operator for the Iberian Peninsula's wholesale natural gas market. If you would like more information on MIBGAS.