CEG Constellation Energy Grp. Common Stock

Renewable power will match electricity usage at Gillette Stadium for all New England Patriots pre-season, regular and post-season home games BALTIMORE, Nov. 12 /PRNewswire-FirstCall/ -- Constellation Energy (NYSE:CEG) today announced that its subsidiary, Constellation NewEnergy, is now the "Green Power Behind the Patriots." Constellation NewEnergy, which has an existing power agreement to serve Gillette Stadium, will secure Renewable Energy Credits (RECs) to match the stadium's electricity usage with wind power before, during and after all New England Patriots pre-season, regular and post-season home games. "The New England Patriots organization is committed to reducing our collective carbon footprint," said Jonathan Kraft, President of the New England Patriots and The Kraft Group. "Building upon our already successful relationship with Constellation NewEnergy, we are asking them to help us meet our goal of matching each game with renewable energy." Gillette Stadium's environmental practices have been a model for large- scale construction projects since ground was broken in 2000. In 2001, the Kraft family, which privately financed the $325 million stadium, received the Environmental Award for Corporate Leadership from the Environment Business Council of New England in recognition of the innovative environmental practices in the stadium's design. In 2002, the year Gillette Stadium opened, the U.S. Environmental Protection Agency presented the Kraft Group with New England's Environmental Merit Award for their achievement. As part of an existing five-year agreement with the New England Patriots that commenced in 2003, and was recently extended, Constellation NewEnergy will now secure wind power for the balance of the agreement. "We have been incredibly proud to serve the New England Patriots since 2003, and now we are pleased to support their sustainable environmental practices by securing clean, renewable energy sources to match the electricity usage for home games throughout the season," said Michael Kagan, president, Constellation NewEnergy. "Given the national prominence of the Patriots, this significant action sets a terrific example for other companies and businesses preparing to introduce renewable energy into their portfolio as part of an overall strategy to address climate change." Constellation NewEnergy (http://www.newenergy.com/), a wholly owned subsidiary of Constellation Energy (NYSE:CEG), is a leading competitive supplier of electricity, natural gas and energy-related services to commercial, industrial and institutional 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 19,000 commercial, industrial and institutional customers throughout 31 states and three Canadian provinces representing nearly 14,000 megawatts of peak load and more than 354 billion cubic feet of annual natural gas consumption. Constellation Energy (http://www.constellation.com/), a FORTUNE 125 company with 2006 revenues of $19.3 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. The Kraft Group is the holding company for the Kraft family's various businesses, which has concentrated interests in five specific areas: the distribution of forest products, paper and packaging manufacturing, sports and entertainment, real estate development and private equity investing. The Kraft Group's sports and entertainment division features Gillette Stadium, New England's premier concert and entertainment venue and home to the National Football League's three-time Super Bowl Champion New England Patriots and Major League Soccer's New England Revolution. Their real estate development team oversaw the construction of Gillette Stadium and is now developing Patriot Place, a 1.3 million square foot lifestyle and entertainment center located in Foxborough, Mass., anchored by New England's first outdoor superstore, Bass Pro Shops. For more information, please visit http://www.thekraftgroup.com/. DATASOURCE: Constellation Energy CONTACT: Lawrence McDonnell of Constellation Energy, +1-410-470-7433 Web site: http://www.constellation.com/ http://www.newenergy.com/ http://www.thekraftgroup.com/ Company News On-Call: http://www.prnewswire.com/comp/084087.html

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