City of San Antonio Economic Development

The Culture of Business

Mayor Castro Led Trade Delegation to the UK

Great story from the San Antonio Express News.  Photos from Sherry Dowlatshahi, Chief of Protocol for the City of San Antonio.

Mayor Julián Castro touted San Antonio’s successes in green energy Tuesday as his two-day trade mission to the United Kingdom wraps up.

The UK has been facing significant energy issues related to climate change, and the need to increase its use of renewable resources. Castro led a business delegation here this week to highlight business opportunities in San Antonio, and help build relationships that could bolster the city’s efforts at economic development.

In a series of high-level meetings with ranking British government officials and financial leaders who were eager to talk about the American political landscape and San Antonio’s successes in the new-energy economy, Castro continued to promote his hometown.

The mayor explained the goal of diversifying CPS Energy’s portfolio to include 20 percent renewable energy sources, which consists of wind-generated and solar power. He highlighted CPS’ recent deal with OCI Solar and Nexolon. The city-owned utility signed a power-purchase agreement for 400 megawatts of solar power, which will be developed over the next five years.

The agreement includes a commitment from the companies to invest more than $100 million in capital and create 805 well-paying, permanent jobs in San Antonio.

Chancellor of the Exchequer George Osborne, whose American counterpart is Treasury Secretary Tim Geithner, met with Castro and his group at No. 11 Downing Street, the chancellor’s official residence. Osborne said his country has been impressed by the Castro administration.

“We’ve noticed thousands of miles away,” he said.

Read more: http://www.mysanantonio.com/business/article/Castro-wraps-up-London-trip-4055075.php#ixzz2CsRRAIZr

While in London Mayor Castro gave a speech at the London School of Economics, you can download the podcast of his speech here.  Glad to hear that some San Antonio students turned out to see the Mayor!

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Information

This entry was posted on November 21, 2012 by in Events in San Antonio, San Antonio.

Pin with us!

Follow Me on Pinterest
%d bloggers like this: