Constellation Energy Golf Foundation Distributes $400,000 to Maryland-Based Nonprofit Organizations
December 13 2007 - 3:54PM
PR Newswire (US)
Funds Provided as a Result of 2007 Constellation Energy Senior
Players Championship BALTIMORE, Dec. 13 /PRNewswire-FirstCall/ --
Constellation Energy (NYSE:CEG) today announced that the
Constellation Energy Golf Foundation has distributed $400,000 to
four Maryland-based charitable organizations resulting from the
2007 Constellation Energy Senior Players Championship. Those
organizations receiving funds include The First Tee of Baltimore,
Kennedy Krieger Institute, Union Memorial Sports Medicine and
Baltimore Community Foundation/BGE Community Assistance Fund. "We
are pleased that as a result of the 2007 Constellation Energy
Senior Players Championship, four very deserving Maryland charities
have each received $100,000 to assist with their vital work in our
community," said Mayo A. Shattuck III, chairman, president and
chief executive officer of Constellation Energy and chairman of the
Constellation Energy Golf Foundation. "The most rewarding aspect
about being the title sponsor of this prestigious event is its
focus on giving back to the community. This tournament is an
example of Constellation Energy's commitment to social
responsibility - one of our foundational values - in the
communities where we live, work and conduct business. As Maryland's
second largest company, we are particularly committed to improving
the quality of life in our home state. We hold the distinction of
being Central Maryland's largest contributor to the United Way, as
well as proud supporter of many other Maryland-based
organizations." "We are happy to be playing the Constellation
Energy Senior Players Championship tournament in Baltimore and even
more pleased that we can contribute to worthwhile causes in this
community, including The First Tee of Baltimore, Kennedy Krieger
Institute, Union Memorial Hospital Sports Medicine and the
Baltimore Community Foundation/BGE Community Assistance Fund," said
Rick George, president of the Champions Tour and executive vice
president of Championship Management. "The goal of all PGA TOUR and
Champions Tour events is to give back to the communities in which
our tournaments are staged. We surpassed the $1 billion mark in
charitable giving on all three Tours during the 2005 season
(including the Nationwide Tour) and with the help of top-notch
events like the Constellation Energy Senior Players Championship,
we expect to reach $2 billion in the next five to seven years.
Congratulations to all who were involved in this year's very
successful tournament." The Constellation Energy Senior Players
Championship was held Oct. 1-7, 2007, at Baltimore Country Club in
Timonium, Md., and was the first-ever PGA TOUR or Champions event
to be powered fully by renewable energy. Constellation Energy
employed various strategies to ensure that all of the tournament's
energy needs were offset with clean, renewable energy, including
purchasing through its retail electric supply business,
Constellation NewEnergy, an estimated 100 megawatt-hours of
renewable energy credits to offset energy consumption at the
clubhouse. On-site bio-diesel generators were used to power all
facilities throughout the course, and all plastic and cardboard
generated from course concessions and tournament materials were
recycled. The Constellation Energy Senior Players Championship is
one of five major championships on the PGA TOUR's Champions Tour
for eligible professionals age 50 and over. Dates for next year's
event are Oct. 6-12, 2008. The Championship is contested on the
East Course at Baltimore Country Club in Timonium, Md., with a
field of 78 Champions Tour players competing for a share of the
$2.6 million purse, the largest of the season. As the last of the
Champions Tour majors, the double Charles Schwab Cup points awarded
to the top-10 finishers are a critical factor in deciding the
Charles Schwab Cup points race. For information about corporate
sponsorship opportunities, tickets or to become a volunteer for the
2008 tournament, please visit the Official Tournament Web site at
http://www.ceseniorplayers.com/ or call the Tournament Office at
410-223-3033. 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. DATASOURCE:
Constellation Energy CONTACT: Robert L. Gould, or Debra Larsson,
+1-410-470-7433, both of Constellation Energy Web site:
http://www.constellation.com/ http://www.ceseniorplayers.com/
Company News On-Call: http://www.prnewswire.com/comp/084087.html
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