Jenny Wells

By

College: Engineering

E.ON Gives $2 Million to UK Power and Energy Institute

Published: Jul 13, 2010

LOUISVILLE, Ky. (July 13, 2010) - Energy service provider E.ON, parent company of E.ON U.S., announced today that it will donate $2 million to the University of Kentucky College of Engineering to help in funding the recently announced Power and Energy Institute of Kentucky (PEIK). Specifically, the gift will endow scholarships for the program and fund an annual study abroad program to study the power grids in Germany.

 

The gift is part of a $6 million contribution from E.ON to further education, energy research and community initiatives in the state of Kentucky. Another $2 million portion of the money is being given to the University of Louisville, and the other $2 million will go to the E.ON. U.S. Foundation to improve the quality of life for people living in the communities served by E.ON and its subsidiaries.

 

"Today's announcement is further evidence of what a great corporate partner E.ON U.S. has been for UK and the entire Commonwealth of Kentucky over the years," said UK President Lee T. Todd Jr. "They have long supported a wide array of UK energy research projects, and with this gift supporting energy-related scholarship programs at UK, E.ON is making sure the energy leaders of tomorrow will be well-prepared to move this state and our nation forward."

 

On April 28, it was announced that E.ON entered into an agreement with PPL Corporation for the sale of E.ON U.S. to PPL for $7.625 billion. In an initiative that was not part of the transaction agreement, E.ON voluntarily committed, in recognition of the community relationships it has built as the parent company of LG&E and KU over the past decade, to award the $6 million in grants.

 

"Since the beginning, Kentucky has opened its arms to E.ON through our subsidiary E.ON U.S.," said Johannes Teyssen, chairman, CEO and president of E.ON. "Although our departure is bittersweet, we want to leave a lasting legacy for future generations by empowering the state's two largest public universities and one of the Commonwealth's strongest corporate citizens to help advance education and bolster community support."

 

Vic Staffieri, chairman, CEO and president of E.ON U.S., added: "E.ON shares our company's philanthropic commitment and realizes that its success as a company is directly tied to the well-being of the communities in which it operates."   

 

Launched in 2010 with initial funding from the U.S. Department of Energy, the PEIK's goal is to attract future engineers to the field of power and energy and to provide them with the innovative education they will need to join the 21st century power engineering workforce. In addition to its undergraduate certificate and graduate certificate programs in power and energy engineering, the institute also plans to provide professional development to working engineers through continuing education workshops and short courses.

78480518.jpg
September
 
1
Employee Educational Assistance Award
Labor Day - Academic Holiday
Mon
2
Employee Educational Assistance Award
Internship Info Session
Student/Faculty/Staff Mixer
Tue
3
Employee Educational Assistance Award
LNFS Presents: The Wolf of Wall Street
Last Day to Add a Class
Last Day to Drop a Course with 80% Refund
UK Volunteer Fair
Wed
4
LNFS Presents: Children of Men
LNFS Presents: How To Train Your Dragon 2
Black and Latino Male Initiative
Advance Your Swagger: A Night with Fonzworth Bentely
Thu
5
Kentucky Volleyball vs. Northern Iowa
Kentucky Volleyball vs. USC
LNFS Presents: Spirited Away
LNFS Presents: Mulan
Fri
6
Free Saturday Swing Dance Lessons
Kentucky Football vs. Ohio
#maxfest (Ukirklex Campus Ministry)
Kentucky Volleyball vs. Creighton
Lets Swing Dance!
Sat
7
Kentucky Women's Soccer vs. Morehead State
Sun
8
Diversity Organization's Council
Kosher/Soul? (Jewish, African American & Appalachian culture Fuse)
Mon
9
Working Moms Connection
Job Club - Job Search Strategies for Fall
Rock Star Professionalism Series
Tue
10
Massage on the Go
College: Do the Right Thing- A conversation with Dr. Smith
The Future of Islam
LNFS Presents: Fight Club
Wed
11
9/11 Vigil
UKNABJ presents: Ferguson, Missouri: A look at media, politics and black youth in the U.S.
LNFS Presents: Mr & Mrs Smith
Duo Damiana, Molly Barth and Dieter Hennings
LNFS Presents: 22 Jump Street
Thu
12
LNFS Presents: Searching For Sugarman
LNFS Presents: Sin City
Fri
13
Free Saturday Swing Dance Lessons
Men's Soccer vs. ETSU
Sat
14
Kentucky Women's Soccer vs. Pepperdine
Sun
15
Kentucky Week Farmer's MarCat and Craft Fair
Majestic U.N.I.T.Y.
Mon
16
Justice Delayed not Justice Denied: A Talk with Dough Jones
PRHBTN Gallery Reception and Concert
Men's Soccer vs. Xavier
Chellgren Seminar Series: Buck Ryan
Tue
17
Internship Info Session
Last Day to Drop a Course Without Appearing on Transcript
Caregiver Support Group
LNFS Presents: The Immigrant
Big Blue Commonwealth
Wed
18
LNFS Presents: Watermark
LNFS Presents: X-Men: Days of Future Past
Ryan Gardner Guest Trumpet Recital
Kentucky Volleyball vs. Lipscomb
Thu
19
LNFS Presents: A Band Called Death
LNFS Presents: Prisoners
The Case for Fossil Fuels-PEIK Seminar
Men's Soccer vs. Furman
Fri
20
Rock Climbing @ Red River Gorge
College of Pharmacy Open House
Kentucky Volleyball vs. Xavier
Sat
21
 
Sun
22
Diana Ferrus: 'Writing poetry has allowed me to live': Cultural Resistance in South Africa
Kentucky Law Schools Forum
Mon
23
Pinterest Party
University of Kentucky Chamber Winds
Employer Showcase
Job Club - 10 Questions to Ask Prior to Starting a Business
Men's Soccer vs. Lousville
Tue
24
Employer Showcase
Last Day to Drop a Course with 50% Refund
UK Elder Care Lunch & Learn
BPH Open House
Documentary Film Screening - Heaven + Earth + Joe Davis
LNFS Presents: Saving Mr. Banks
Wed
25
LNFS Presents: Culture Jam
LNFS Presents: Maleficent
¡Baila!
Thu
26
LNFS Presents: Ponyo
LNFS Presents: The Little Mermaid
Opening Night Bohemiam Festival
White Water Rafting @ Chattooga River
Women's Soccer vs. Mississippi State
Fri
27
White Water Rafting @ Chattooga River
Kentucky Football vs. Vanderbilt
Free Saturday Swing Dance Lessons
Green Apple Day of Service: "Pick It Up"
Garba Night
Swing Dancing!
Sat
28
White Water Rafting @ Chattooga River
UK Chorale
Dirty Dancing Trip
Kentucky Women's Soccer vs. Auburn
Sun
29
 
Mon
30
Wildcat Wellness and Suicide Prevention Fair and #doubtfireface challenge
QPR-A-THON
#TrendingTopics: Immigration Reform
Apollo Duo - Flute and Percussion Guest Recital
Tue
 
 
 
 
Reset Page