More than 100 U.S. and Spanish Companies to Participate in Renewable Energy Forum in Miami
Tomorrow (February, Friday 20th), around 100 companies from the U.S. and Spain, as well as investment promotion institutions from Florida, will be meeting at a special event organized by the Spanish Institute of Foreign Trade (ICEX) and the Economic and Commercial Office of the Embassy of Spain in Miami, along with the Main Council of Spanish Chambers of Commerce, the Spanish Confederation of Business Organizations (CEOE), Enterprise Florida, the Spain-Florida Foundation and the Spanish Chamber of Commerce in Florida.
The event’s main objective is to find new investment opportunities and encourage business cooperation between Spain and the U.S. In order to facilitate a direct communication line with potential commercial and investment partners, the Spanish participants will have the chance to have direct contact with U.S. business people who are interested in establishing strategic alliances. Moreover, the participating Spain-based renewable energy and environmental technology companies will participate in a seminar regarding their growing industries.
The event will be inaugurated by His Majesty King of Spain Juan Carlos I, along with the Spanish Secretary of Commerce, Silvia Iranzo. The governor of Florida, Charlie Crist, and the mayor of Miami, Manny Diaz, will represent U.S. institutions. The event will be attended by some of the main Spanish business players in the field of renewable energy, such as Endesa, Unión Fenosa, Iberdrola, T-Solar, Siliken or GreenFuel Corp and local heavyweights such as NextEra Energy Resources (FPL group).
The U.S. is Spain’s sixth largest export partner, when exports are measured in monetary value, and the first outside the European Union. During 2008, the U.S. spent more than $9 billion in Spanish products and services. At the same time, the U.S. companies were the sixth largest foreign suppliers to the Spanish market. Spanish investment in the U.S. is steadily growing, having tripled between 2005 and 2007. Nearly 400 Spanish companies operate in Florida, making it the state with the largest concentration of Spanish investment.