Marina Serrano
Marina Serrano

Contact

mserrano@perezllorca.com
T: +34 91 423 66 61
F: +34 91 436 04 30
Paseo de la Castellana, 50
28046 Madrid
Spain

Practice areas

  • Administrative Law
  • Energy
  • Infrastructure

Profile

Marina Serrano joined Pérez-Llorca as Of Counsel in July 2014.

She is also currently President of the Association of Electricity Companies (aelēc), founder and member of the Board of Directors of the Spanish Energy Law Association (AEDEN) and member of the Board of Directors of Omel Mercados Agencia de Valores. Furthermore, Marina serves as Vice-chair of the Spanish Business Organisation Confederation (CEOE).

She has extensive experience in advising the public sector and regulators, particularly from the energy sector.

When working as a State Advocate she held positions at the Tax Offices of Toledo and Teruel, at the Regional Court of Madrid (now the High Court of Justice) and as Head State Advocate at the Secretariat of State for Research, Development and Innovation at the Ministry of Economy and Competition. In all of these positions, she gave legal advice and acted before the Courts of the General State Administration, their subordinate bodies and their authorities.

From 1988-1995, she was Secretary of the Board of Directors and Legal Director at Red Eléctrica de España (REE), Spain’s national power grid operator.

She was also Secretary of the Board and Director of Legal Advice for the first Spanish sectoral regulator, the National Electricity Network Commission (Comisión del Sistema Eléctrico Nacional), where she was directly involved in the process of the liberalisation of the electricity sector, which culminated in the passing of Law 54/1997. When the Spanish National Energy Commission (CNE) (Comisión Nacional de Energía) was formed to replace the Electricity Commission and include liquid and gas hydrocarbons, Marina became its new Secretary of the Board and General Secretary.

Towards the end of the CNE’s operations, she acted as member of its Board of Directors (as an advisor) until the entity was dissolved in 2013 and became part of the Spanish Securities Market Commission (CNMV).

She also held the position of General Director of Public Property at the Ministry of Finance during the period in which the Public Administration Property Act (Law 33/2003) was drafted and passed. As a result, she gained extensive experience in public asset management (public and private domain), government concessions and permits for use. She similarly has experience with state-owned company capital, including public companies, public law entities, and state-owned companies, particularly in public corporate restructuring transactions.

Marina was a member of the Board of Directors of SEPI (Sociedad Estatal de Participaciones Industriales), as well as of the state-owned Postal Service (Correos y Telégrafos) and National Heritage (Patrimonio Nacional). She has also acted as Secretary of the Board of Directors of SAECA (Sociedad Anónima Estatal de Caución Agraria), as well as Secretary of the Board of Trustees of FECYT, the Spanish Foundation for Science and Technology (Fundación Española para la Ciencia y la Tecnología).

She was also Secretary of the Board of Directors of Sociedad Bilbao Gas Hub.

She was a member of the Board of Directors, as an Independent Advisor, of Abertis Infraestructuras.

In addition, she has been a member of the Royal Board of Trustees of the Prado Museum, and Patron of the Lázaro Galdiano Museum, the Royal Tapestry Factory and the Royal Glass Factory of La Granja.

Studies:

  • 1982 Admitted to the Spanish State Advocate’s Office
  • 1979 Degree in Law with prize for extraordinary achievement (1st in her degree), Universidad de Zaragoza
  • 1979 Degree in Philosophy and History, Universidad de Zaragoza

She speaks Spanish and English.

Experience

Marina Serrano provides legal advice on all branches of public law, and specialises in energy law. Marina boasts ample experience in connection with the application of general and specific administrative legislation and advising public entities and private companies on their relationships with public administrations.

The regulation of economic sectors is a field to which she has dedicated a large part of her professional life. She is an expert on regulatory bodies and tools for the control and monitoring of industries in competitive environments undergoing the process of liberalisation. She has particular expertise in all matters relating to the energy sector in Spanish, European and Latin American law.

In terms of Latin American energy markets, her experience stems from having been First Vice-President of the Ibero-American Association of Energy Regulators (ARIAE) (Asociación Iberoamericana de Entidades Reguladoras de la Energía), an association which brings together the electricity, gas and petrol regulatory bodies belonging to Ibero-American countries.

She was also directly involved in the drafting of the liberalisation legislation for the electric, gas and hydrocarbon sectors, and in the process of introducing renewable energy sources in Spain.

Her extensive professional experience has given her substantial expertise in the implementation of the general legal institutions of administrative law, such as administrative proceedings, compulsory purchase orders, subsidies and government aid. Her involvement in the field of public procurement is particularly noteworthy, having acted as the Head of the Directorate General of Public Property (Dirección General de Patrimonio del Estado), which manages the Spanish Advisory Board for Public Procurement (Junta Consultiva de Contratación Administrativa), the Department of Classification and Registration of Contractors (Clasificación y Registro de Contratistas) and the Department of Centralised Procurement (Contratación Centralizada) and also has the authority to draft public procurement regulations.

Similarly, Marina Serrano is a specialist in public property legislation, management and restructuring. This includes real estate and moveable assets owned by the state, public domain goods (restrictions, permits, licences, declassification), public property (use, legal agreements, disposal, free assignment, leasing), as well as corporate assets, meaning state-owned companies. It is also worth noting her experience with regard to groups of companies and tools for shareholder control, derived from her experience with companies belong to the State Property (Patrimonio del Estado) group.

Her advice also covers other regulated sectors such as the airport, postal and telecommunications sectors.

Academic and Publishing Collaborations

Marina Serrano has written many articles and publications on the energy sector and independent regulators. She has also taken part in lectures and conferences related to these subjects.

La CNMC aprueba la metodología de los peajes de transporte y distribución de electricidad”, Pérez-Llorca, July 2014.

La Ley 24/2013 y la sostenibilidad económica y financiera del Sistema Eléctrico”, Fundación para la Sostenibilidad Energética y Ambiental (FUNSEAM), Document 009-2014, November 2014.

Novedades legislativas introducidas en el régimen legal aplicable a la extracción de hidrocarburos mediante fracturación hidráulica”, February 2015.

La regulación del gas no convencional (“fracking”) en España”, Strategic Report for the Fundación para la Sostenibilidad Energética y Ambiental (FUNSEAM), Document 005-2015, June 2015.

Unión Europea: Responsabilidad Civil, Penal de Fundaciones, Patronos y Directivos” in Libro sobre el Buen Gobierno de las Fundaciones, Wolters Kluwer España, S.A. IBERDROLA, 2015.

Principios y buenas prácticas regulatorias en el sector gasífero. A propósito del proyecto de ley que modifica la Ley de Servicios de Gas de Chile”, Revista de Derecho Administrativo Económico Nº 22, January – June 2016 (Santiago, Pontificia Universidad Católica de Chile), pp. 209-221.

Los suplementos territoriales por tributos económicos sobre el suministro eléctrico. A propósito de la sentencia del Tribunal Constitucional sobre el RDL 20/2012”, Chapter 7 of Problemas prácticos y actualidad del Derecho Administrativo, Anuario de Derecho Administrativo 2016, Editorial Civitas-Thomson Reuters, 2016.

La sentencia del Tribunal Constitucional sobre la ley catalana “antifracking””, Diario La Ley, Nº 8803, Sección Tribuna, 14 July 2016, Ref. D-282, Editorial LA LEY.

Reflexiones sobre las operaciones de capital riesgo en el sector de las energías renovables en los últimos años y tendencias de futuro” (co-author), Anuario de Capital Riesgo 2016, pp. 257 -281, Instituto de Capital Riesgo, Madrid, 2017.

Courses and Conferences
She has lectured and participated as a speaker for many courses and conferences related to the regulation of economic sectors, independent administrations and the energy sector.

She is an active lecturer for IE Law School. She has lectured for the Advanced Programme in Energy Law since it began, for the Advanced Programme in Competition Policy (Legal and Economic aspects) and the Executive Development Programmes run by IE Business School. She also takes an active role in the events held by the Pérez-Llorca/IE Chair for Corporate Law.

She is a lecturer for the Master’s degree in Energy Law at the Spanish Energy Club (ENERCLUB), which is directed and coordinated by administrative law Professor Dr. Iñigo del Guayo.

She has lectured for the Professional Master’s degree in Energy and Business Law (MNDE) since 2005, as well as for the Master’s degree in Economics and the Regulation of Public Energy, Telecommunications, Water, Transport and Competition Services at Universitat Autònoma de Barcelona, directed by Professor Antón Costas.

She also lectures for the Master’s degree in Regulated Sectors Law at Universidad Carlos III de Madrid.

She regularly collaborates with FIDE, the Foundation for Research in Law and Business (Fundación para la Investigación sobre el Derecho y la Empresa) and has participated as a speaker for its Energy and Regulation Forum as well as its Competition Forum.

Lastly, she has acted as a speaker for ARIAE’s Energy Regulation Courses, which are designed to train specialist personnel for the Regulatory Commissions of the countries belonging to the Association, and as a speaker at plenary assemblies held by the Association.

Professional memberships

The Madrid Bar Association (ICAM).

Recognition

Marina Serrano features in various legal directories such as:

  • Chambers Global: Energy & Natural Resources.
  • Chambers Europe: Energy & Natural Resources.
  • Best Lawyers®: Administrative Law, and Natural Resources Law.

​​​​​​​​​​​​

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Of Counsel Marina Serrano

Office

Madrid

Contact

mserrano@perezllorca.com
T: +34 91 423 66 61
F: +34 91 436 04 30
Paseo de la Castellana, 50
28046 Madrid
Spain

Profile

Marina Serrano joined Pérez-Llorca as Of Counsel in July 2014.

She is also currently President of the Association of Electricity Companies (aelēc), founder and member of the Board of Directors of the Spanish Energy Law Association (AEDEN) and member of the Board of Directors of Omel Mercados Agencia de Valores. Furthermore, Marina serves as Vice-chair of the Spanish Business Organisation Confederation (CEOE).

She has extensive experience in advising the public sector and regulators, particularly from the energy sector.

When working as a State Advocate she held positions at the Tax Offices of Toledo and Teruel, at the Regional Court of Madrid (now the High Court of Justice) and as Head State Advocate at the Secretariat of State for Research, Development and Innovation at the Ministry of Economy and Competition. In all of these positions, she gave legal advice and acted before the Courts of the General State Administration, their subordinate bodies and their authorities.

From 1988-1995, she was Secretary of the Board of Directors and Legal Director at Red Eléctrica de España (REE), Spain’s national power grid operator.

She was also Secretary of the Board and Director of Legal Advice for the first Spanish sectoral regulator, the National Electricity Network Commission (Comisión del Sistema Eléctrico Nacional), where she was directly involved in the process of the liberalisation of the electricity sector, which culminated in the passing of Law 54/1997. When the Spanish National Energy Commission (CNE) (Comisión Nacional de Energía) was formed to replace the Electricity Commission and include liquid and gas hydrocarbons, Marina became its new Secretary of the Board and General Secretary.

Towards the end of the CNE’s operations, she acted as member of its Board of Directors (as an advisor) until the entity was dissolved in 2013 and became part of the Spanish Securities Market Commission (CNMV).

She also held the position of General Director of Public Property at the Ministry of Finance during the period in which the Public Administration Property Act (Law 33/2003) was drafted and passed. As a result, she gained extensive experience in public asset management (public and private domain), government concessions and permits for use. She similarly has experience with state-owned company capital, including public companies, public law entities, and state-owned companies, particularly in public corporate restructuring transactions.

Marina was a member of the Board of Directors of SEPI (Sociedad Estatal de Participaciones Industriales), as well as of the state-owned Postal Service (Correos y Telégrafos) and National Heritage (Patrimonio Nacional). She has also acted as Secretary of the Board of Directors of SAECA (Sociedad Anónima Estatal de Caución Agraria), as well as Secretary of the Board of Trustees of FECYT, the Spanish Foundation for Science and Technology (Fundación Española para la Ciencia y la Tecnología).

She was also Secretary of the Board of Directors of Sociedad Bilbao Gas Hub.

She was a member of the Board of Directors, as an Independent Advisor, of Abertis Infraestructuras.

In addition, she has been a member of the Royal Board of Trustees of the Prado Museum, and Patron of the Lázaro Galdiano Museum, the Royal Tapestry Factory and the Royal Glass Factory of La Granja.

Studies:

  • 1982 Admitted to the Spanish State Advocate’s Office
  • 1979 Degree in Law with prize for extraordinary achievement (1st in her degree), Universidad de Zaragoza
  • 1979 Degree in Philosophy and History, Universidad de Zaragoza

She speaks Spanish and English.

Experience

Marina Serrano provides legal advice on all branches of public law, and specialises in energy law. Marina boasts ample experience in connection with the application of general and specific administrative legislation and advising public entities and private companies on their relationships with public administrations.

The regulation of economic sectors is a field to which she has dedicated a large part of her professional life. She is an expert on regulatory bodies and tools for the control and monitoring of industries in competitive environments undergoing the process of liberalisation. She has particular expertise in all matters relating to the energy sector in Spanish, European and Latin American law.

In terms of Latin American energy markets, her experience stems from having been First Vice-President of the Ibero-American Association of Energy Regulators (ARIAE) (Asociación Iberoamericana de Entidades Reguladoras de la Energía), an association which brings together the electricity, gas and petrol regulatory bodies belonging to Ibero-American countries.

She was also directly involved in the drafting of the liberalisation legislation for the electric, gas and hydrocarbon sectors, and in the process of introducing renewable energy sources in Spain.

Her extensive professional experience has given her substantial expertise in the implementation of the general legal institutions of administrative law, such as administrative proceedings, compulsory purchase orders, subsidies and government aid. Her involvement in the field of public procurement is particularly noteworthy, having acted as the Head of the Directorate General of Public Property (Dirección General de Patrimonio del Estado), which manages the Spanish Advisory Board for Public Procurement (Junta Consultiva de Contratación Administrativa), the Department of Classification and Registration of Contractors (Clasificación y Registro de Contratistas) and the Department of Centralised Procurement (Contratación Centralizada) and also has the authority to draft public procurement regulations.

Similarly, Marina Serrano is a specialist in public property legislation, management and restructuring. This includes real estate and moveable assets owned by the state, public domain goods (restrictions, permits, licences, declassification), public property (use, legal agreements, disposal, free assignment, leasing), as well as corporate assets, meaning state-owned companies. It is also worth noting her experience with regard to groups of companies and tools for shareholder control, derived from her experience with companies belong to the State Property (Patrimonio del Estado) group.

Her advice also covers other regulated sectors such as the airport, postal and telecommunications sectors.

Academic and Publishing Collaborations

Marina Serrano has written many articles and publications on the energy sector and independent regulators. She has also taken part in lectures and conferences related to these subjects.

La CNMC aprueba la metodología de los peajes de transporte y distribución de electricidad”, Pérez-Llorca, July 2014.

La Ley 24/2013 y la sostenibilidad económica y financiera del Sistema Eléctrico”, Fundación para la Sostenibilidad Energética y Ambiental (FUNSEAM), Document 009-2014, November 2014.

Novedades legislativas introducidas en el régimen legal aplicable a la extracción de hidrocarburos mediante fracturación hidráulica”, February 2015.

La regulación del gas no convencional (“fracking”) en España”, Strategic Report for the Fundación para la Sostenibilidad Energética y Ambiental (FUNSEAM), Document 005-2015, June 2015.

Unión Europea: Responsabilidad Civil, Penal de Fundaciones, Patronos y Directivos” in Libro sobre el Buen Gobierno de las Fundaciones, Wolters Kluwer España, S.A. IBERDROLA, 2015.

Principios y buenas prácticas regulatorias en el sector gasífero. A propósito del proyecto de ley que modifica la Ley de Servicios de Gas de Chile”, Revista de Derecho Administrativo Económico Nº 22, January – June 2016 (Santiago, Pontificia Universidad Católica de Chile), pp. 209-221.

Los suplementos territoriales por tributos económicos sobre el suministro eléctrico. A propósito de la sentencia del Tribunal Constitucional sobre el RDL 20/2012”, Chapter 7 of Problemas prácticos y actualidad del Derecho Administrativo, Anuario de Derecho Administrativo 2016, Editorial Civitas-Thomson Reuters, 2016.

La sentencia del Tribunal Constitucional sobre la ley catalana “antifracking””, Diario La Ley, Nº 8803, Sección Tribuna, 14 July 2016, Ref. D-282, Editorial LA LEY.

Reflexiones sobre las operaciones de capital riesgo en el sector de las energías renovables en los últimos años y tendencias de futuro” (co-author), Anuario de Capital Riesgo 2016, pp. 257 -281, Instituto de Capital Riesgo, Madrid, 2017.

Courses and Conferences
She has lectured and participated as a speaker for many courses and conferences related to the regulation of economic sectors, independent administrations and the energy sector.

She is an active lecturer for IE Law School. She has lectured for the Advanced Programme in Energy Law since it began, for the Advanced Programme in Competition Policy (Legal and Economic aspects) and the Executive Development Programmes run by IE Business School. She also takes an active role in the events held by the Pérez-Llorca/IE Chair for Corporate Law.

She is a lecturer for the Master’s degree in Energy Law at the Spanish Energy Club (ENERCLUB), which is directed and coordinated by administrative law Professor Dr. Iñigo del Guayo.

She has lectured for the Professional Master’s degree in Energy and Business Law (MNDE) since 2005, as well as for the Master’s degree in Economics and the Regulation of Public Energy, Telecommunications, Water, Transport and Competition Services at Universitat Autònoma de Barcelona, directed by Professor Antón Costas.

She also lectures for the Master’s degree in Regulated Sectors Law at Universidad Carlos III de Madrid.

She regularly collaborates with FIDE, the Foundation for Research in Law and Business (Fundación para la Investigación sobre el Derecho y la Empresa) and has participated as a speaker for its Energy and Regulation Forum as well as its Competition Forum.

Lastly, she has acted as a speaker for ARIAE’s Energy Regulation Courses, which are designed to train specialist personnel for the Regulatory Commissions of the countries belonging to the Association, and as a speaker at plenary assemblies held by the Association.

Professional memberships

The Madrid Bar Association (ICAM).

Recognition

Marina Serrano features in various legal directories such as:

  • Chambers Global: Energy & Natural Resources.
  • Chambers Europe: Energy & Natural Resources.
  • Best Lawyers®: Administrative Law, and Natural Resources Law.

​​​​​​​​​​​​

Office

Madrid

Contact

mserrano@perezllorca.com
T: +34 91 423 66 61
F: +34 91 436 04 30
Paseo de la Castellana, 50
28046 Madrid

Spain

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