Constellation Energy Awarded Electricity Supply, Renewable Energy Contracts for Federal Agencies in New England, New York, Pennsylvania
New pacts support President's greenhouse gas reduction goals
Constellation Energy (NYSE:CEG) has been awarded three new General
Services Administration (GSA) electricity supply and renewable energy
contracts in five states.
The additional contracts expand Constellation's federal supply to 2.7
million megawatt hours of electricity per year, serve almost every
region of the country eligible for competitive supply, and build upon
existing contracts that include the U.S. Capitol, Federal Reserve and
Smithsonian Institution. The new contracts cover agencies in New York
(including the United Nations building), Connecticut, New Hampshire,
Rhode Island and Pennsylvania.
"Constellation Energy is proud to provide our sustainable
energy management and contracting expertise to a growing number of
federal agencies, allowing them to meet their procurement,
sustainability and security goals," said Louis Hutchinson, Constellation
Energy's senior vice president, Public Sector.
"When combined with our existing contracts in the mid-Atlantic, Ohio,
Illinois and California, these new GSA contracts in the New England
region mean Constellation Energy is now serving the vast majority of the
nation's federal agencies in states with competitive markets."
Constellation announced last year it had signed a three-year contract
with the GSA to supply 1.72 million megawatt hours of electricity per
year to federal sites that include the U.S. Capitol, Kennedy Center,
Smithsonian Institution, GSA and the Federal Reserve, as well as the
Departments of Justice, Labor, Interior, Transportation and Treasury.
All GSA contracts are subject to federal competitive bid requirements.
That GSA contract followed the March 2011 announcement that
Constellation signed an Energy Savings Agreement (ESA) with the U.S.
Department of State that will contribute to President Obama's executive
order to reduce federal-wide greenhouse gas emissions. The State
Department and part of the White House campus expect to reduce
greenhouse gas emissions associated with domestic electricity
consumption by approximately 30 percent to 35 percent by December 2012
and during the term of the ESA.
Constellation Energy is a federally approved provider of demand
response services for both military and civilian government
agencies, enabling federal sites to earn money by reducing consumption
during times of peak energy demand. Constellation Energy is also one of
the National Super Energy Savings Performance Contract (ESPC) suppliers
chosen by the U.S. Department of Energy to improve the efficiency of
federal buildings through energy retrofit projects, energy saving
performance contracts and deployment of renewable energy systems.
About Constellation Energy
Constellation Energy (www.constellation.com)
is a leading competitive supplier of power, natural gas and energy
products and services for homes and businesses across the continental
United States. It owns a diversified fleet of generating units, totaling
approximately 12,000 megawatts of generating capacity, and is a leading
advocate for clean, environmentally sustainable energy sources, such as
solar power and nuclear energy. 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 $14.3
billion in 2010.
Constellation EnergyMedia Contact:Maureen Brown,
410-470-7433orInvestor Contact:Sandra Brummitt,
Source: Constellation Energy
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