Shell Invests $25 Million in LSU to Establish Institute for Energy Innovation
Shell's gift establishes the company as a founding partner for the Institute for Energy Innovation, responsible for the advancement of reliable, environmentally responsible energy. In addition, Shell also donated money to construct the institute’s building on campus.
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.
This latest investment by Shell, a longtime partner of LSU, is the university’s largest gift ever from a for-profit corporation and its largest gift ever in support of energy-related initiatives. Shell will dedicate $25 million to launching the LSU Institute for Energy Innovation and $2.5 million to constructing the LSU Our Lady of the Lake Interdisciplinary Science Building, anchoring Shell’s campus presence through a highly visible, Shell-branded space for research and learning.
Shell’s industry-leading partnership with LSU epitomizes the university’s commitment to working with global energy leaders to find new ways to fuel the nation – a core focus of LSU’s Scholarship First Agenda. LSU and Shell will serve as a national model for energy-related collaboration at the intersection of science and engineering, seizing the urgent opportunity for scholarship and solution delivery within the areas of hydrogen and carbon capture, utilization and storage (CCUS); the coast; and low carbon fuels.
This latest investment by Shell, a longtime partner of LSU, is the university’s largest gift ever from a for-profit corporation and its largest gift ever in support of energy-related initiatives. Shell’s gift is part of the university’s $1.5 billion Fierce for the Future Campaign, the largest campaign for higher education in the history of Louisiana. Learn more about the Scholarship First Agenda at www.lsu.edu/president/priorities.
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