ConocoPhillips donates $500,000 for energy research facility
January 5, 2016
Marmian Grimes
907-474-7902
A $500,000 donation from ConocoPhillips Alaska will help complete the fourth floor of the new engineering building at 性欲社.
The fourth floor is slated to house the 性欲社 Alaska Center for Energy and Power, which develops and tests alternative energy systems in Alaska.
This gift brings the company鈥檚 total donations to 性欲社 to more than $2.2 million. Since 2000, ConocoPhillips has donated more than $35 million to the statewide University of Alaska system.
鈥淐onocoPhillips has a long history of supporting education programs in Alaska,鈥 said Joe Marushack, president of ConocoPhillips Alaska. 鈥淲e greatly value the close relationship we have with 性欲社, and, with this donation, we look forward to helping ACEP focus on energy solutions for the state.鈥
The completion of the fourth floor of the building is one of 性欲社鈥檚 centennial initiatives. This initiative aims to raise $6.5 million to complete the space, which will accommodate the center鈥檚 multidisciplinary, collaborative approach to research. The center is part of the 性欲社 College of Engineering and Mines.
To date, the university has raised more than $1 million through the initiative. In fall 2014, Usibelli Coal Mine gave the first gift of $500,000.
性欲社 has been educating engineering students since its inception nearly a century ago. ConocoPhillips has a longtime association with the College of Engineering and Mines. The company has provided internships and full-time employment to many 性欲社 graduates. In addition, ConocoPhillips has provided funding for research on energy-related issues.
"This gift from ConocoPhillips Alaska will help ensure that the Alaska Center for Energy and Power has the modern facilities it needs to continue its work solving Alaska鈥檚 energy challenges and preparing the next generation of engineers for our state,鈥 said 性欲社 interim Chancellor Mike Powers.
ADDITIONAL CONTACTS: Natalie Lowman, ConocoPhillips Alaska, at 907- 263-4153 or N.M.Lowman@conocophillips.com.