CEG Constellation Energy Grp. Common Stock

BALTIMORE, Aug. 14 /PRNewswire-FirstCall/ -- Constellation Energy (NYSE:CEG) today announced that its subsidiary, Constellation NewEnergy, has won a long-term competitive power supply contract with the City of St. Albert in Alberta, Canada. "We're very pleased we'll be continuing our relationship with St. Albert as it continues to grow and finalizes construction of the new Multipurpose Leisure Centre (MPLC)," said Dale Ronsky, vice president of Constellation NewEnergy's Alberta region. "The City's decision to sign on with us for an extended term is particularly gratifying because the request for proposals process was rigorous and highly selective. The City of St. Albert is to be commended for undertaking such a detailed and thorough review." "Constellation NewEnergy was chosen after a detailed evaluation of all of the competitive energy suppliers, based on its ability to deliver against a comprehensive range of criteria, including price, customer service, advanced billing capabilities and market insight and analysis," said Del Dyck, general manager of corporate services for the City of St. Albert. "Constellation has more than met our needs over the past two and a half years in providing exceptional customer service to the City of St. Albert and we're looking forward to continuing our relationship over the longer term." Alberta's fifth largest city, St. Albert is committed to delivering a high standard of service and operational excellence to residents and businesses, while at the same time providing exceptional value for tax dollars. As part of this commitment, the city embarked on the MPLC project, which represents a 326,000 square-foot centre focused on fitness, leisure, health and wellness. The City will tap into Constellation's NewEnergy Online (NEO) Premium Web- based energy management tool to help manage its energy costs, offering in- depth, strategic analysis and planning for energy consumption. "Power usage and efficiency at the MPLC is a priority for us and Constellation will be providing ongoing analysis and recommendations into ways we can efficiently manage electricity use at the facility," said Dyck. 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, provides 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 10,000 commercial and industrial customers throughout 31 states and 3 Canadian provinces representing more than 15,000 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 with 2005 revenues of $17.1 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 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. DATASOURCE: Constellation Energy CONTACT: Debbie Beck of Constellation Energy, +1-410-234-7433 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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