Shell Invests $27.5 Million in LSU to Establish Institute for Energy Innovation
June 23, 2022
LSU President William F. Tate IV said that energy represents a central driver of Louisiana’s economy, and Louisiana buttresses the nation’s energy supply, putting LSU in the unique position to partner with industry to discover innovative methods to fuel our nation.
A $27.5 million gift from Shell USA, Inc., will establish the LSU Institute for Energy Innovation and enable construction of the LSU Our Lady of the Lake Interdisciplinary Science Building, the university’s top capital priority. With Shell’s investment as founding partner, the new Institute for Energy Innovation will advance reliable, affordable, environmentally responsible energy for all through a just and equity-driven pathway.
“Louisiana is a great example of corporations, government and society coming together to address climate change and support a changing energy system,” Shell USA, Inc., President Gretchen Watkins said.
The institute builds upon Louisiana's vast historical knowledge and energy expertise to leverage innovation and technology that will find new ways to fuel our nation.