Mr. López Cardenete began his professional career in 1976 in Unión Fenosa, a company operating in the electricity sector, where he gained broad experience in the areas of generation, fuels, planning and control, marketing, commercialization and distribution and transport networks until 2009. During that period, Mr. López Cardenete served as managing director at Unión Fenosa and as chairperson at Unión Fenosa Internacional. Prior to joining the Group, he also held other responsibility posts such as that of senior advisor for energy at the big four Ernst & Young between 2013 and 2017, and that of director and member of the executive committee of Banco Caminos between 2017 and 2018.

He is also a member of the advisory board of the economic and business journal Expansión, of the energy and climate change working group of the Real Instituto Elcano, of the editorial boards of Papeles de Energía of Funcas, of Cuadernos de Energía of Enerclub, of the group of Diálogos de Energía y Sostenibilidad of the Comillas Pontifical University ICAI and of the Energy Committee of the Spanish Chamber of Commerce.

Mr. López Cardenete holds a civil engineering degree and a master of science in civil engineering from the Universidad Politécnica de Madrid and an MBA from IESE, University of Navarra. He is currently a professor at IESE Business School.