Cloud Peak Energy Funds Endowed Scholarship at Montana Tech
BUTTE, Mont.--(BUSINESS WIRE)--Cloud Peak Energy recently presented a donation for $20,000 to Montana Tech of the University of Montana as part of an ongoing partnership with the school. Since 2012, Cloud Peak Energy has contributed $60,000 to Montana Tech through the Cloud Peak Energy Endowed Scholarship. The scholarship, a commitment by Cloud Peak Energy for five years, has fostered a great recruiting relationship while making a positive impact on higher education in the state of Montana.
“Our company values higher education and the role it plays in the mining industry in Montana. Cloud Peak Energy is proud to employ several Montana Tech alumni at its Spring Creek Mine, which is Montana’s largest coal mine.”
“We are pleased to know the scholarship funds will help to continue the development of high quality students at Montana Tech,” said Colin Marshall, Cloud Peak Energy President and CEO. “Our company values higher education and the role it plays in the mining industry in Montana. Cloud Peak Energy is proud to employ several Montana Tech alumni at its Spring Creek Mine, which is Montana’s largest coal mine.”
The Cloud Peak Energy Endowed Scholarship was developed in 2012 to support students who meet specific eligibility requirements at Montana Tech. In addition to basic guidelines including GPA and involvement in extracurricular activities, the scholarship rotates among students enrolled in Mining Engineering, Environmental Engineering and Occupational Safety and Health. The Cloud Peak Energy Endowed Scholarship is awarded to two students each year.
“We are thankful for our partnership with Cloud Peak Energy,” noted Montana Tech Chancellor Don Blackketter. “This donation will be used to support our greatest resources – our faculty and students. Working with our local legislators and Cloud Peak Energy, we are making an impact locally, across the state of Montana, and even nationally.”
Montana Tech is located in Butte, a southwestern Montana town with an abundant mining history. The four-year institution offers four schools and colleges and prides itself on its exemplary School of Mines and Engineering – the alma mater of many Cloud Peak Energy employees.
For accompanying photo of Cloud Peak Energy representatives presenting donation to Montana Tech Chancellor Don Blackketter, university administrators and students and Montana state legislators, click here.
About Cloud Peak Energy®
Cloud Peak Energy Inc. (NYSE:CLD) is headquartered in Wyoming and is one of the largest U.S. coal producers and the only pure-play PRB coal company. As one of the safest coal producers in the nation, Cloud Peak Energy specializes in the production of low sulfur, subbituminous coal. The company owns and operates three surface coal mines in the PRB, the lowest cost major coal producing region in the nation. The Antelope and Cordero Rojo mines are located in Wyoming, and the Spring Creek Mine is in Montana. Cloud Peak Energy also owns rights to substantial undeveloped coal and complementary surface assets in the Northern PRB, further building the company’s long-term position to serve Asian export and domestic customers. With approximately 1,700 total employees, the company is widely recognized for its exemplary performance in its safety and environmental programs. Cloud Peak Energy is a sustainable fuel supplier for approximately 4% of the nation’s electricity.