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UK businesses tour the US to explore green business opportunities

Climate change minister Greg Barker is leading UK green businesses on a five-day green trade mission to the US.

Six UK companies including renewable developers RES Group, energy efficiency and renewables firm the Mark Group and sustainable investment firm Jupiter Asset Management have joined Mr Barker on the mission.

The group will meet with politicians, business groups, investors and regional development bodies to look at ways that UK green business can win work in the US and the inward investment opportunities that the UK’s low carbon sector offers.  

The trade mission will take in meetings in Washington D.C, Philadelphia, Charlotte (North Carolina) and Columbia (South Carolina).

Mr Barker said: “I am proud to be a cheerleader for Britain’s green businesses and am in America this week flying the flag for those firms that are breaking into the US market.  

“I’ll be telling the people I meet about the transformation of the UK economy that we are delivering through the green deal, our reforms of the electricity market and the creation of the green investment bank. My message will be that Britain is open for green business investment.”

Head of socially responsible investment and governance at Jupiter Asset Management, Emma Howard Boyd said: “The UK is widely recognised as a global leader in green financial services and Jupiter has a long-standing commitment to the field of sustainable and green investment.

“As a truly global investment agenda, I am delighted to join the Minister and the other delegates on the Department’s first green trade mission to demonstrate how the UK is capitalising on a wealth of investment opportunities.”

Chief executive of the REO Group, Ian Mays said: “RES has established a firm footing in the US, having built around 15 per cent of the country’s current wind energy capacity.  We know it’s a market that will see huge growth in clean, secure and renewable energy like wind and solar power and we are pleased to be joining the Minister on this mission to showcase our expertise.”

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