Constellation
NewEnergy to Supply Electricity to Commonwealth of Pennsylvania Government
Facilities
Contract Serves More
Than 27,000 Megawatt Hours to 29 State Government Locations
BALTIMORE, Jul 02,
2009 (BUSINESS WIRE) -- Constellation Energy (NYSE:CEG) announced today that
its subsidiary, Constellation NewEnergy, Inc., has signed an agreement with
the Commonwealth of Pennsylvania to supply electricity to 29 Pennsylvania
state government facilities. Under the competitively bid agreement, Constellation
NewEnergy will supply 27,000 megawatt hours of electricity to state office
buildings and certain transportation, correctional and Army National Guard
facilities, among others.
"Constellation NewEnergy has considerable public sector
experience to assist government agencies in controlling energy costs and
enabling more public resources to be focused on delivering critical services
to citizens. We're pleased to be working with the Commonwealth of
Pennsylvania," said Louis Hutchinson, vice president of public sector
for Constellation NewEnergy.
Constellation NewEnergy is the leading commercial &
industrial electricity retailer in the U.S., delivering services that control
costs, create budget certainty, and improve sustainability for customers. In
addition to working with public sector customers in Pennsylvania and other
states, Constellation NewEnergy also serves more than 150 federal government
sites that include the U.S. Capitol and the Smithsonian Institution. The
company supplies electricity to more than 80 businesses in 300 Pennsylvania
locations, and to more than two-thirds of FORTUNE 100 businesses nationwide,
delivering approximately 14,100 megawatts of peak load last year.
Constellation NewEnergy is also a leading provider of renewable
energy certificates and demand response services that enable government
agencies in states such as Pennsylvania qualify for payments from regional
electrical grid operators in exchange for reducing energy usage during times
of peak demand.
About Constellation NewEnergy
Constellation NewEnergy (www.newenergy.com)
is a leading competitive supplier of electricity, natural gas and
energy-related services to commercial, industrial and institutional customers
throughout the United States. A subsidiary of Constellation Energy
(NYSE:CEG), Constellation NewEnergy operates in all competitive energy
markets throughout the U.S., providing products that enable customers to
effectively manage and control energy costs.
About Constellation Energy
Constellation Energy (www.constellation.com)
is a leading supplier of energy products and services to wholesale and retail
electric and natural gas customers. It owns a diversified fleet of generating
units located throughout the United States, totaling approximately 9,000
megawatts of generating capacity, and is among the leaders pursuing the
development of new nuclear plants in the United States. The company delivers
electricity and natural gas through the Baltimore Gas and Electric Company
(BGE), its regulated utility in Central Maryland. A FORTUNE 500 company
headquartered in Baltimore, Constellation Energy had revenues of $19.8
billion in 2008.
SOURCE: Constellation Energy
Constellation Energy
Media Contact:
Aaron Koos
410-470-7433