Business Services Industry

Donor Gives $7 Million to University of Chicago Graduate Business School.

Knight Ridder/Tribune Business News, September, 2002

By Melita Marie Garza, Chicago Tribune Knight Ridder/Tribune Business News

Sep. 27--A Ukrainian immigrant who made his fortune in the private energy industry is donating $7 million to his alma mater, the University of Chicago Graduate School of Business, to help establish a new center for entrepreneurship at the school.

The center will bear the name of the donor, Michael Polsky, who formed his first business, Indeck Energy Services, midway through his studies at the business school.

Polsky later founded SkyGen Energy of Northbrook in 1991, serving as its president and chief executive. In 2000, after developing SkyGen into a leading independent power producer, Polsky sold the firm to Calpine Corp. for $650 million and the assumption of...

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