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News & Events
Constellation Energy-Nashville District Energy Plant Celebrates Successful First Year of Operation:
02/01/2005
NASHVILLE, TN – PRNewswire-FirstCall/ -- Constellation Energy (NYSE: CEG) today announced that its Nashville District Energy Plant has successfully completed its first year of operation with delivery of more than $14 million in heating and cooling services to 38 major public and private buildings in downtown Nashville. "During our first year reliability was excellent, as the plant provided uninterrupted steam heating and chilled water cooling to all of our customers," said Greg Jarosinski, president of Constellation Energy's Projects & Services Group, which oversees the plant's operation. "We have a great workforce in Nashville, and this is a significant milestone that highlights our ability to build and manage these kinds of large-scale heating and cooling facilities." Over the next decade, the District Energy Plant is expected to save the City of Nashville approximately $66 million in energy costs. Nashville Mayor Bill Purcell, who attended the recent one-year anniversary celebration at the plant, said Constellation "is meeting and exceeding expectations." "They worked hard to make this first year a success both for the city and its customers," Purcell said. "All the reports are positive as is the outlook for the years ahead." The Nashville District Energy Plant is one of three such outsourced utility facilities Constellation Energy Projects & Services Group operates nationwide. The Group also built and operates the central heating and cooling plant at Heinz Field in Pittsburgh, home of the Pittsburgh Steelers, and a central chilled water distribution system for The Rouse Company's Las Vegas Fashion Show mall.
Constellation NewEnergy, a member of Constellation Energy (NYSE: CEG), is a leading competitive supplier of electricity, natural gas and energy related services to commercial and industrial customers throughout North America. Constellation NewEnergy operates in all competitive energy markets throughout Canada and the United States, providing products that enable customers to effectively manage and control energy costs. Constellation NewEnergy's regional expertise coupled with its national presence provide customers with customized energy products and services while leveraging the assets of one of the strongest integrated energy companies in North America. Constellation NewEnergy, based in Baltimore, serves more than 8,000 commercial and industrial customers throughout 31 states and 3 Canadian provinces representing more than 12,000 megawatts of peak load and more than 300 billion cubic feet of annual natural gas consumption.
Constellation Energy, a FORTUNE 200 company based in Baltimore, is the nation's largest competitive supplier of electricity to large commercial and industrial customers and the nation's largest wholesale power seller. Constellation Energy also manages fuels and energy services on behalf of energy intensive industries and utilities. It owns a diversified fleet of more than 100 generating units located throughout the United States, totaling approximately 12,000 megawatts of generating capacity. The company delivers electricity and natural gas through the Baltimore Gas and Electric Company (BGE), its regulated utility in Central Maryland. In 2004, the combined revenues of the integrated energy company totaled $12.5 billion.
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