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?

Working in Mexico’s energy and infrastructure sectors means navigating continuous regulatory changes and economic volatility. In this context, my approach focuses on ensuring that Ainda’s contractual and governance frameworks uphold the principles of fiduciary duty, transparency, and accountability, even under uncertain conditions.

I coordinate and oversee the company’s and funds’ committees, where the participation of independent members fosters balanced, well-reasoned decision-making. This structure, both at the corporate and fund level, reinforces institutional integrity and ensures that investment decisions are taken in the best interest of Ainda’s investors.

Before any investment, the legal and regulatory due diligence performed is essential to identify potential exposures or red flags that could affect feasibility or compliance. The objective is to keep every transaction aligned with Ainda’s fiduciary duty while maintaining adherence to fund guidelines and applicable regulations. In drafting and negotiating transaction documents, the organisation’s resilience is ensured by including strong minority-rights protections and oversight mechanisms, and when acting as a majority investor, I focus on governance terms that preserve operational control.

Ultimately, legal strategy and business strategy converge in anticipating potential pressure points and designing legal frameworks that preserve ontractual flexibility while protecting institutional integrity. This allows the organisation to act decisively during uncertainty without compromising the principles that sustain investor trust and regulatory compliance.

What are the major cases or transactions you have been involved in recently?

Advised on the negotiation of two pension-fund investments in Ainda Fund II, totaling US$90mn, successfully concluding the fund’s investment period. Its first transaction involved acquiring trustee rights over a solar-generation portfolio in Durango with a capacity of 146MWp, which included the negotiation and drafting of the transaction and governance documentation.

Negotiated certain loan agreements, including the structuring of guarantee trusts designed to finance Ainda’s mandatory 2.8 percent co-investment in each project — ensuring proper alignment of interests between the fund manager and its investors.

Currently engaged in the structuring of additional Fund II investments, including energy-storage and natural-gas-distribution projects, requiring detailed legal and regulatory due diligence.

What measures has your company taken to embed sustainability practices into its core business operations, and how does the role of the general counsel contribute to driving and ensuring sustainable practices within the company?

Sustainability is the foundation of Ainda’s identity. As a signatory to the UN-PRI, a GRESB top-scoring fund, and winner of the 2025 Grand Prix Inversionista ALAS20, Ainda has become a regional benchmark in responsible investment and transparency.

From the legal and compliance side, I ensure that ESG standards are incorporated into every fund document and transaction. Each investment must comply with the company’s Responsible Investment Policy and the Investment Guidelines of each fund, which set environmental, social, and governance standards. I review due-diligence results, verify that contractual obligations reflect these standards, and oversee post-closing monitoring mechanisms. I also ensure adherence to internal policies, including the Code of Conduct and Ethics, Net Zero Policy, and Conflicts of Interest Policy. As a member of the Diversity, Equity and Inclusion Committee, I help strengthen inclusive governance through policy updates, awareness sessions, and participation in initiatives promoting women in energy and infrastructure.