Wells Fargo Commits Funding to UC Davis Energy Efficiency Center

UC Davis’ Energy Efficiency Center announced early Wednesday that Wells Fargo has renewed its support with a commitment of $500,000 over the next four years.

Funds will support operational and programmatic needs of the center, including its new Energy Graduate Group program.

“The EEC is working hard to find innovative, sustainable solutions to key energy and environmental issues of the 21st century and beyond,” said Barry Neal, co-head of Wells Fargo’s Renewable Energy and Environmental Finance Group and member of center’s board of advisers. “We are thrilled to support the EEC’s efforts to solve critical energy challenges, improve energy use, and to train future leaders in energy. Their work fills a critical need within the energy industry in California and around the world.”

“We are grateful to Wells Fargo for its sponsorship and support over the past five years and are honored and delighted to have its renewed commitment,” expressed Benjamin Finkelor, executive director of the center. “In fact, Wells Fargo is the first of our leadership sponsors to renew its support as we transition from a center to an Institute and launch what is poised to be a world-leading graduate program in energy systems.”

Critical to the center’s success has been its relationship with and support from key leadership sponsors, like Wells Fargo, Finkelor stated. Leadership sponsors are vital to the center as they enable the Center to fulfill its mission to bring together the world’s best minds to realize sustainable energy solutions through the support of key research, education, and outreach initiatives.

Leadership sponsors also serve as members of the center’s board of advisers, providing insight and advice on research and engagement opportunities and funding strategies.

One of the programs benefiting from Wells Fargo’s $500,000 commitment is the center’s new Energy Graduate Group which next month will welcome its inaugural class of 16 students working toward an master of science or doctorate in energy systems.

The Energy Graduate Group will provide students the interdisciplinary training required to address the pressing energy, environmental, economic, policy and social challenges facing California, the U.S., and the world.

This latest commitment brings Wells Fargo’s overall support of UC Davis to more than $1.7 million, supporting important programs and initiatives in agriculture, food, the environment, arts/culture, health and community development.

Wells Fargo Commits Funding to UC Davis Energy Efficiency Center, by Democrat staff, Daily Democrat, September 6, 2017.

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