NAME and FAMILY STATUS: Carlos Gascó Travesedo, married, two children



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CURRICULUM VITAE PERSONAL DATA NAME and FAMILY STATUS: Carlos Gascó Travesedo, married, two children NATIONALITY: Spanish DATE OF BIRTH: 8 February, 1970 Phone #: +34 683 608 713 Email: cgasco75005@gmail.com EDUCATION 1988 1993 BA in economics and business administration (Five year University Degree). Economic Structure and Development Department. Madrid, Universidad Autónoma. 1993 1994 First year PHD courses. Economic Structure Department, Madrid, Universidad Autónoma. 1988 1993 Member of a special economics seminar with H.R.H. Felipe de Borbón, Prince of Asturias. Madrid, Universidad Autónoma. LANGUAGE SKILLS Castilian Spanish. Mother tongue German. Advanced English. Near native French. Advanced Portuguese. Advanced CAREER PATH Present time Senior Advisor. Public Affairs, Energy Policy and Regulation Specialist. Iberdrola Renewables My role is to capture knowledge and analyze economic conditions and energy sector perspectives, alongside regulatory support schemes for renewable 1

energies in those markets where the company has invested or is planning to invest. April 2012/November 2013 Office of the President, Director. Spanish Public Industrial Participations Corporation (Sociedad Estatal de Participaciones Industriales SEPI). SEPI is a Public Law Entity, but given its business nature is subject to the private legal and mercantile system. SEPI is attached to the Ministry of Finance and Public Administration. The President reports directly to the Minister. SEPI Corp. has a majority stake in 18 companies, which make up the SEPI Group, with a workforce over 80,000. In parallel, SEPI has minority stakes in 7 companies, mostly of strategic nature, including EADS, Hispasat, REE, Enagas and others, and indirect participation in over 100 companies. For further information please visit www.sepi.es My role as Cabinet Director was to align political, strategic and technical requirements (mostly of economic and legal nature) prior to the weekly Executive Committee and the monthly Board meeting. Member of SEPI s Executive Committee. Also in charge of institutional affairs, parliamentary relations and external communications, including media relations. Two senior Directors reported directly to me. My office has a total workforce of some 20 people and an annual budget of 1.8 million. Member of the Board of Directors of: Enresa, SA. The Spanish Nuclear Waist Management company. Also member of the Executive Commission and vice president of the Audit Commission. Ebro Foods, SA. Private listed company. Has been included recently in the IBEX 35 index in the past. Ebro Foods is the global player in the pasta and rice business. February April 2012 2

Minister of Industry and Energy Cabinet. Senior advisor for Energy Affairs. Reporting directly to the Minister. 2011 2012 (February) International Energy Agency (IEA), Paris, France. Senior Energy Analyst The IEA, an OECD institution, is the most reputed global energy think tanks. In the Renewable Energy Division I was project leader of the following items: 1. Hydropower Roadmap (in a joint venture with the Government of Brazil) 2. Grid Integration of variable renewables, part III. 3. Medium Term Renewable Energy Market Report (first edition). All three initiatives are highly technical, developed in a context of multinational expertise and collaboration, with strong public and private participation. Texts available since the second half 2012 and early 2013. 2005 2010 (December) Iberdrola Renewables. Head of the Prospective Department My main duties were to analyze economic conditions and energy sector perspectives, alongside regulatory support schemes for renewable energies in those markets where the company has invested, or is planning to do so. Currently over 20 different markets are under surveillance. The final product is the strategic assessment of the business environment for renewables. To fully understand conditions and regulation in those markets, a permanent dialogue was carried out with all stakeholders in the industry. This includes industry associations, legislators, regulators, supervisors, NGOs, journalists, financial analysts and think tanks. This network was of national, European, international and multilateral nature. 3

To better perform my duties, I was a member of the following industry associations and institutions: Member of the European Wind Energy Association (EWEA) Board. Member of the Executive Committee and member of the Lead Sponsors Committee. Member of the Global Wind Energy Council (GWEC) Board and member of the Executive Committee. Member of the REN 21 Steering Committee. Deputy member of the Spanish Wind Energy Association Board and deputy member of the Executive Committee. Member of the Renewable Energy Committee. Club Español de la Energía. Chairperson of the institutional relationships work group. Member of the Energy Committee in the Fundación Elcano, the most relevant public/private think tank in Spain. Other institutional positions: Member of the International Energy Agency wind roadmap work group. Member of the International Energy Agency Programme of Work on Integration of Renewables into Electricity Grids. Member of the nuclear Energy Agency/ International Energy Agency expert work group for 7th report of the Projected Cost of Generating Electricity. Member of the Climate Change and Renewable Energies Working Task Force, ERDB and other multilateral banks. Member of the Large Scale Wind Energy Integration Work Group. EWEA Member of the Offshore Wind Industry Group. EWEA Member of the LatAm Market Committee. GWEC Chairperson of the Work Group for wind energy regulation in the European Wind Energy Technology Platform. 2002 2005 (August) 4

Financial Studies Foundation (FEF) General Director The FEF is a Spanish think tank focused on economic, financial and regulatory issues. Its patrons are the largest quoted Spanish and international companies, acknowledged consultant, audit and law companies and a large number of institutions related to financial markets and the general economy. The FEF promotes a number of high level activities; research related, on financial and general economic topics. It has its own School, providing official courses on Financial Analysis and other matters, together with short or mid length seminars. The FEF holds a high degree of official dialogue with regulators, supervisors and all markets agents. Further information at: www.fef.es Spanish Institute of Financial Analysts. Assistant Secretary General IEAF is the professional association of Financial Analysts in Spain, and member of European and Global Federations of Financial Analysts. It advocates ethics and education skills in this professional collective. Further information at: www.ieaf.es 2000 2002 (September) Chief of Staff of the Secretary of State of Economy and Energy. Ministry of Economy, Spain 1998 2000 Chief of Staff of the Secretary of State for Trade, Tourism and SME s. Ministry of Economy and Finance, Spain In these positions I managed a team of some 30 staff, of which several were senior advisors. Out of my duties I would highlight dealing with the political coordination with Legislators, Supervisors, and other bodies, on economy, 5

energy, trade and tourism policies as well as regulatory issues. Also notable were media relations and human resources policy. 1997 1998 Economic Coordination Adviser to the Spanish Second Vice President and Minister of Economy and Finance. 1996 1997 Economic Adviser in the Secretary of State for the Economy s Office. Secretary of State for the Economy. Ministry of Economy and Finance, Spain Secretary of the Macroeconomic Forecast Committee. Ministry of Economy and Finance, Spain Member of the Economic Policy Committee. European Commission. DG II. Brussels. 1994 1996 Economic Advisor to the Spanish Parliament. OTHER PROFESSIONAL ACTIVITIES Education: Recurrent speaker and moderator in national and international forums and conferences. Teacher in different forums: Renewable electrticy perspectives. Universidad de Oviedo, 2010 Sustainable Developement Management Official Masters Program. Universidad de Vigo, 2010 MBA/Energy Official Masters Program. Universidad Nebrija, 2009 Ocean Renewable Energy Perspectives Seminar. Colegio de Ingenieros de Caminos, Canales y Puertos, 2009. 6

Financing Renewable Energy, Advanced Course. Club Español de la Energía. 2009. VI Energy Forum: Energy Companies in a New Global Context. Instituto de Empresa, 2008. Financing Renewable Energy Installations. Banking and Finance Master Course, Fundación de Estudios Financieros and Instituto Tecnológico Empresarial, 2007. Renewable energy in the electric business. Risks and opportunities: the role of utilities, Instituto de Empresa, 2006. Advanced Course of Energy Law. Instituto de Empresa y Club Español de la Energía. Madrid, 2002, 2003, 2007, 2008, 2009. MBA. Escuela de Organización Industrial. Madrid, 2002. Energy Law Master Course. Creamades y Calvo Sotelo Abogados. Madrid, 2003. Other Board of Directors membership: 2012 2013 Enresa, SA. The Spanish Nuclear Waist Management company. Also member of the Executive Commission and the Audit Commission. Ebro Foods, SA. Listed company. Has been included in the IBEX 35 index in the past. Is a global player in the pasta and rice business. 2000 and 2002: Compañía Española de Crédito a la Exportación (International trade insurance company). Empresa Nacional de Autopistas, SA (Public motorways company). 1997 and 2000: Expansión Exterior, SA (International trade broker). Sociedad Estatal de Transición al Euro, SA. (Public enterprise for the Euro changeover). 7

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