Team size: Four

How do you approach managing legal aspects during periods of instability or crises, and how does your legal strategy align with the broader business strategy to ensure the organisation’s resilience?

Our company and our legal team are fully committed to constantly reviewing and performing risk analysis and assessments to prevent and manage periods of instability. As energy and transmission markets are permanently challenged by regulatory changes and contractual disputes are closely monitored by our stakeholders, our legal team strategy is to ensure organisational resilience is constructed in coordination with several other areas and teams. We focus mainly on having an active presence of our lawyers in all risk committees of the company, such as compliance, operations, health and safety, sustainability with an eye for minimising risks or legal exposure in every core activity.

Another key factor of our strategy is the effective communication and collaboration with the rest of the organisation, we promote working closely with the rest of executives, operational teams, and other departments in all phases of our business, from tender process to acquire new projects, construction, and O&M supporting the continuity of our activities in accordance with the industry requirements.

Finally, and not only in times of crisis, we also focus on permanent training and informing regulation changes to our company members, encouraging the commitment to our compliance programs, mitigating risks and enhancing the company’s credibility towards the best market practices.

In your opinion, what are the main trends that are salient in your country currently?

In my opinion, after the two failed constitutional processes that took place after 2019 crisis, they moved the local agenda to discuss several pending issues such as the pension system reforms, and the current subsidies of energy prices that remain fixed from 2019 and the Covid-19 crisis. This will be a major challenge that the government will face during this year; it will increase regulatory discussions on how to address energy prices, such as additional taxes to certain technologies that are not aligned with energy transition policies, or other measures, that will keep the energy industry closely monitoring these important events.