Rio Bravo Rocklin Biomass Plant Named Top Renewable by POWER Magazine

Rio Bravo Rocklin, a biomass-fueled power plant co-owned by Baltimore-based Constellation Energy (NYSE: CEG), and Denver-based North American Power Group, Ltd., was named this week as one of the top renewable power plants in North America by POWER magazine, a national energy industry publication which featured the plant on its December 2009 cover.

Each year POWER magazine features plants from across the country which performed at the top of their particular fuel type or class the previous year. Rio Bravo Rocklin, located in Central California, is a renewable power plant that burns approximately 240,000 tons of urban wood and forest wood waste each year. The plant produces 25 megawatts of electricity, enough to power more than 10,000 homes. All the plant’s output is sold under contract to the Pacific Gas & Electric Company (PG&E). Rocklin is one of approximately 50 biomass power plants in California.

“This is important recognition of our investment and the work being done by our employees at Rocklin,” said John Long, president of Constellation Power Generation, the fossil fuel and renewable generation business of Constellation Energy. “Biomass is an important component in Constellation Energy’s efforts to operate a balanced portfolio of power plants. Our investment in the Rocklin plant provides the environmental benefits of biomass and enhances our ability to continue to meet growing customer energy demand.”

Rocklin was featured as a result of an impressive turnaround in performance by the plant following a $14 million investment in 2008 by Constellation Energy and North American Power Group, Ltd., to refurbish the plant’s boiler. Frequent outages were eliminated and today the facility is one of the top operating power plants in Constellation Energy’s fleet of more than 25 fossil and renewable generating plants across the country. The story can be accessed at the POWER magazine website at www.powermag.com.

“We had reached a point where dramatic changes needed to be made,” added Mike Ruffatto, president of North American Power Group, Ltd. “I was very pleased when both partners agreed upon and executed a plan that not only addressed the technical problems but also implemented cost reduction measures that improved operations and will ensure Rocklin’s long-term profitability and ability to be a reliable renewable energy provider.”

The Rocklin plant is one of several renewable energy generating facilities partly owned and/or operated by Constellation Energy. Six percent of Constellation Energy’s overall generating portfolio comes from renewable sources, including two additional biomass plants, solar and hydroelectric facilities. Rio Bravo Rocklin also contributes to the state of California’s commitment to renewable energy.

About Constellation Energy

Constellation Energy (www.constellation.com) is a leading supplier of energy products and services to wholesale and retail electric and natural gas customers. It owns a diversified fleet of generating units located in the United States and Canada, totaling approximately 7,100 megawatts of generating capacity, and is among the leaders pursuing the development of new nuclear plants in the United States. The company delivers electricity and natural gas through the Baltimore Gas and Electric Company (BGE), its regulated utility in Central Maryland. A FORTUNE 500 company headquartered in Baltimore, Constellation Energy had revenues of $19.8 billion in 2008.

About North American Power Group, Ltd.

North American Power Group, Ltd., a privately held small business formed in 1992, develops, manages and operates renewable and fossil electric power generation. With its western heritage and as a full member of the Western Electricity Coordinating Council, NAPG recognizes the importance of developing, advancing and integrating all forms of energy and transmission infrastructure, including CO2 for beneficial use or sequestration, to meet our commitments to: utilize the earth’s resources responsibly; use best practices and technologies to reduce our impact on air, land and water; demonstrate that our host communities will share in our successes; and demonstrate that we can and will protect the value of the environment and social resources.

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