Endowed

PG&E Bankruptcy-Inspired Fund to Establish Energy Efficiency Center

The California Clean Energy Fund (CalCEF), a $30 million endowed public benefit investment fund created as part of Pacific Gas and Electric Co.’s Chapter 11 settlement with the state, announced Thursday it plans to give $1 million to establish and maintain what it called “the world’s leading university center on energy efficiency” at a still-to-be-determined university campus in northern California.

June 27, 2005