Exelon Generation Helps Fund New Building, Scholarships and STEM Programs at University of Illinois-Chicago
June 23 2017 - 1:00PM
Business Wire
$300,000 signature donation to benefit aspiring
Illinois scientists, engineers and innovators as UIC enrollment
surges
Exelon Generation is granting $300,000 over five years to the
University of Illinois-Chicago to attract and develop the next
generation of Illinois engineers and scientists. The grant will
fund UIC scholarships, help underwrite construction of a new
computer sciences building by 2021, and continue a summer program
to help qualified high school students from underserved Chicago
communities prepare for college-level engineering courses.
“Our enrollment has doubled since 2005, and we expect it to
increase by another 50 percent by 2025,” said Peter Nelson, dean of
UIC’s College of Engineering. “Exelon’s generous gift will
significantly help us to continue to provide access to excellence
for future engineering students.”
Exelon Generation is fulfilling a prior $50,000 pledge and will
provide an additional $250,000 in contributions over the next five
years.
“Helping UIC grow is good for our company and our communities,”
said Bryan Hanson, Exelon Generation’s chief nuclear officer. “In
the past three years alone, we have hired almost 100 UIC students
for full-time positions and internships. It’s part of our
commitment to inspiring, developing and hiring the best and
brightest talent that reflects the diverse communities we
serve.”
Since 2014, Exelon Generation and ComEd have been partnering
with UIC’s Chance Program and the College of Engineering on a
summer STEM program that introduces qualified high school students
from underserved communities to college-level engineering courses.
The program, which assists nearly two dozen students each year,
also helps deserving high school students get access to
scholarships, internships and full-time Exelon positions.
Exelon Generation, a subsidiary of Exelon Corporation (NYSE:
EXC), is one of the largest, most efficient clean energy producers
in the U.S., with a generating capacity of more than 33,300
megawatts. Exelon Generation operates the largest U.S. fleet of
carbon-free nuclear plants with 20,200 megawatts of capacity from
23 reactors at 14 facilities in Illinois, Maryland, New Jersey, New
York and Pennsylvania. Exelon Generation also operates a diverse
mix of wind, solar, landfill gas, hydroelectric, natural gas and
oil facilities in 16 states with more than 13,100 megawatts. Exelon
Generation has an industry-leading safety record and is an active
partner and economic engine in the communities it serves by
providing jobs, charitable contributions and tax payments that help
towns and regions grow. Follow Exelon Generation on Twitter
@ExelonGen and @ExelonNuclear, view the Exelon Generation channel
on YouTube, and visit:
http://www.exeloncorp.com/companies/exelon-generation.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20170623005508/en/
Exelon Generation CommunicationsDavid
Tillman717-368-0969david.tillman@exeloncorp.com
Exelon (NYSE:EXC)
Historical Stock Chart
From Mar 2024 to Apr 2024
Exelon (NYSE:EXC)
Historical Stock Chart
From Apr 2023 to Apr 2024