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News & Events
Constellation NewEnergy to Supply Renewable Power for Democratic National Convention:
07/16/2004
Constellation Energy (NYSE: CEG) today announced that its subsidiary, Constellation NewEnergy, will supply renewable electricity or "green power" to the Democratic National Convention on July 26 - 29 at the FleetCenter in Boston. Electricity at the FleetCenter during the convention will be generated from a variety of renewable resources including wind, hydroelectric, biomass, and solar energy. "Constellation NewEnergy is pleased by the opportunity to provide the renewable power supplying the FleetCenter and the Democratic National Convention," said Clem Palevich, president, Constellation NewEnergy. "This demonstrates Constellation NewEnergy's commitment to environmental stewardship and illustrates our focus on offering products and services tailored to the needs of our clients." Constellation NewEnergy, already the supplier of electricity at the FleetCenter, worked with the Coalition for Environmentally Responsible Conventions, the Democratic National Convention Committee and Boston 2004 to procure green power for the FleetCenter convention facility during the four days of meetings and caucuses. Constellation NewEnergy was uniquely positioned to access the market for renewable energy credits. The purchase of green power is certified by Green-e, the renewable electricity certification program and the leading verification organization in the country. Green-e provides independent third-party certification to ensure renewable energy products meets strict environmental and consumer protection standards set through a collaborative process with environmentalists, consumer advocates and energy experts. "We are thrilled to be recognized by Green-e for supplying electricity generated from renewable sources to our customers," said Carrie Cullen Hitt, vice president-Government and Regulatory Affairs of Constellation NewEnergy. "Green-e's certification is very important to us, because it demonstrates our commitment to promoting renewable energy to our customers and indicates our interest in taking a leadership role in renewable energy supply." 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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