How will the Helios building be funded?
A. The Helios building, to be constructed on hill-area campus property, will house research on alternative energy and include the EBI. The total cost of the Helios building is estimated at $159 million. Of this, $70 million will come from state lease revenue bonds, $74 million from external financing in the form of UC bonds, and $15 million from private support. The bonds will be repaid partly by overhead from the BP grant, which amounts to one-third of all funds coming to UC Berkeley, and partly by money paid by BP to rent proprietary space in the Helios building.
