Constellation NewEnergy Renews Power Agreement With Sundance Square
March 09 2005 - 11:14AM
PR Newswire (US)
Constellation NewEnergy Renews Power Agreement With Sundance Square
BALTIMORE, March 9 /PRNewswire-FirstCall/ -- Constellation Energy
(NYSE:CEG) today announced that its subsidiary, Constellation
NewEnergy, Inc., has renewed its electricity purchase agreement
with Sundance Square, 20 square blocks of property in downtown Fort
Worth encompassing more than two million square feet of office,
retail and entertainment venues. The renewed contract calls for a
three-year agreement to service Sundance Square's approximately 39
metered locations. "Sundance Square is a signature real estate
project with tremendous energy demands," said David Bat, vice
president of the Texas region of Constellation NewEnergy. "We're
pleased to serve this project and appreciate the trust Sundance
Square Management has placed in us to serve its electricity needs."
"The delivery of reliable and cost-effective electricity service is
paramount for our retail, office and residential tenants," said
Johnny Campbell, president of Sundance Square Management Co.
"Constellation NewEnergy has proven to be a valuable resource in
the marketing of Sundance Square as the premiere business addresses
in downtown Ft. Worth. We're delighted to extend our relationship
another three years." Constellation NewEnergy also supplies energy
service for The Nancy Lee and Perry R. Bass Performance Hall in
Sundance Square. Besides its customers in Fort Worth, the company
services the electricity needs of commercial and industrial users
across the Metroplex. Located in the heart of downtown Fort Worth,
historic Sundance Square is a 20-block commercial, residential and
entertainment/shopping district where people work, live, shop and
dine. Sundance Square's beautiful landscaping, red-brick streets
and turn-of-the-century buildings make it a pedestrian's delight.
Named after the famed Sundance Kid, who used the Fort Worth area as
a hideout, Sundance Square has been hailed as a monumental
achievement in urban redevelopment. Sundance Square also boasts two
Class A office towers consisting of 1.5 million square feet of
office space - the 33-story Chase Texas Tower at 201 Main St. and
the 38-story D.R. Horton Tower at 301 Commerce St. For more
information, visit http://www.sundancesquaremanagement.com/ or call
817-255-5700. Constellation NewEnergy (http://www.newenergy.com/),
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 three
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 (http://www.constellation.com/),
a Fortune 200 company based in Baltimore, is the nation's leading
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 or
operates 107 generating units at 35 locations in 11 states totaling
approximately 12,500 megawatts of generating capacity. The company
delivers electricity and natural gas through the Baltimore Gas and
Electric Company, its regulated utility in Central Maryland. In
2004, revenues totaled $12.5 billion. DATASOURCE: Constellation
Energy CONTACT: Larry McDonnell, Constellation Energy,
+1-410-234-7433 Web site: http://www.sundancesquaremanagement.com/
Web site: http://www.constellation.com/ http://www.newenergy.com/
Company News On-Call: http://www.prnewswire.com/comp/084087.html
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