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Constellation Energy Signs Agreement With Clinton Climate Initiative

  Constellation Energy Projects & Services to Partner on Energy Efficiency
                                  Program

    BALTIMORE, Feb. 7 /PRNewswire-FirstCall/ -- Constellation Energy (NYSE:
CEG) today announced it has signed an agreement with the Clinton Climate
Initiative (CCI) to jointly pursue opportunities to lower harmful emissions
and improve energy efficiency.

    "This partnership with CCI illustrates Constellation Energy's
commitment to becoming one of the leading providers of energy efficient
products and services," said Paul J. Allen, chief environmental officer and
senior vice president, Constellation Energy. "These programs significantly
improve energy efficiency, lower emissions and save money. We look forward
to pursuing qualified projects with CCI and demonstrating how the latest
innovation in energy products and services can drive measurable and
meaningful environmental and economic results."

    Under one element of the CCI initiative, the C40 Large Building
Retrofit Program, participating cities pre-qualify a pool of energy service
companies that can respond to request for proposals (RFP) for energy
efficiency projects at large municipal buildings. Companies selected for
projects will conduct energy audits, design and implement an energy
retrofit plan, oversee site work and provide performance guarantees on
energy usage and savings.

    In addition to the C40 Large Building Retrofit Program, Constellation
Energy supports the American College and University Presidents Climate
Commitment, or ACUPCC, which has partnered with the Clinton Climate
Initiative on a comprehensive program to introduce more green energy
solutions to college campuses. The ACUPCC has received commitments from 400
colleges and universities to develop a comprehensive plan to reduce
emissions that cause global warming.

    President Bill Clinton's foundation launched CCI in August 2006, with
the mission of applying the Clinton Foundation's business-oriented approach
to the fight against climate change in practical, measurable and
significant ways.

    Constellation Energy Projects & Services Group, a subsidiary of
Constellation Energy specializing in energy services and renewable power
projects, will oversee the company's participation in the CCI program.

    Constellation Energy Projects & Services Group
(http://www.ceprojects.com) is a full-service energy company, providing
customized energy solutions to government, institutional and large
commercial and industrial customers nationwide. The company's large array
of products and services-including utility infrastructure outsourcing,
energy consulting and energy projects-are all designed to increase energy
efficiency, reliability, cost effectiveness and improve the customer's
bottom line.

    Constellation Energy (http://www.constellation.com), a FORTUNE 125
company with 2007 revenues of $21 billion, 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 78 generating
units located throughout the United States, totaling approximately 8,700
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.



SOURCE Constellation Energy




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  • http://www.constellation.com
  • http://www.ceprojects.com
  • http://www.prnewswire.com/comp/084087.html /
    CONTACT:
    Lawrence McDonnell for Constellation Energy,
    +1-410-470-7433