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05-17-1998

AES Corporation And World Wildlife Fund U.s. Chair Roger W. Sant Awarded Clarkson University Honorary Degree

[A photo of Roger Sant is available at http://www.clarkson.edu/news/photos/sant.jpg]

Potsdam, N.Y. – Roger W. Sant, chairman of the board of the AES Corporation and chair of the board of the World Wildlife Fund U.S., today (May 17) received an honorary doctor of science degree at Clarkson University's 105th Commencement in Potsdam, New York.sant

The degree was conferred for "his visionary entrepreneurial leadership in promoting the efficient and economical development of energy resources, and for his dynamic public role in developing responsible environmental and wildlife preservation."

AES is one of the largest global power producers, and currently owns or an interest in 87 power facilities totaling almost 23,000 megawatts in the U.S., Canada, Australia, Argentina, Brazil, the Dominican Republic, Pakistan, the Netherlands, Hungary, Kazakhstan, China, and the U.K. The company has assets in excess of $8 billion and more than $5 billion worth of projects in construction or late stages of development.

Prior to founding AES, Sant was director of the Mellon Institute's Energy Productivity Center and became widely known as the author of "the Least Cost Energy Strategy," which showed that the cost of conserving energy is usually much less than the cost of producing more fuel.

Sant earlier served as a political appointee in the Ford administration and was a key participant in developing early initiatives to fashion an energy policy in the U.S. Before that, he was active in the management or founding of several businesses, and taught corporate finance at the Stanford University Graduate School of Business. He received a B.S. from Brigham Young University and an MBA with Distinction from the Harvard Graduate School of Business Administration.

Currently Sant is chairman of the Summit Foundation, trustee of the World Wide Fund for Nature, director of the World Resources Institute, director of Marriott International, Inc., and director of the National Symphony Orchestra.

Clarkson University is an independent institution located in northern New York, in the foothills of the Adirondack Mountains. The University has 2,745 graduate and undergraduate students enrolled in its schools of Business, Engineering, Science and Liberal Arts.

[News directors and editors: For more information, contact Michael P. Griffin, director of News & Digital Content Services, at 315-268-6716 or mgriffin@clarkson.edu.]

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