PHOENIX — Arizona State University announced the creation of the Global Institute for the Future of Energy with the support of a $50 million gift from an alumnus on Tuesday.

The money was donated by EnCap Investments Managing Partner Robert Zorich, who is an alum of ASU’s Thunderbird School of Global Management.

“ASU has long been a pioneer in building bold, pragmatic solutions for the future,” Zorich said in the announcement. “I was excited to fund the formation of this energy institute at ASU because of the university’s unique ability to scale and reach a global audience.”

What is ASU’s Global Institute for the Future of Energy?

The institute is a collaboration between the Thunderbird School of Global Management and ASU’s Global Futures Laboratory, they will also lead it.

It will fo

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