Constellation Energy Launches “Energy to Educate” Grant Program

Constellation Energy (NYSE: CEG) today announced it is taking applications for its new E2: Energy to EducateSM Grant program (“E2 Grants”), which will provide funding for projects that enhance student understanding of the science and technology needed to address energy issues. Grant awards will be up to $25,000 for projects involving students in grades six through 12 and up to $50,000 for projects at two- and four-year colleges. Funds will be provided by the Constellation Energy Foundation.

The E2 Grant program will target hands-on demonstration projects that advance energy innovation and build on student knowledge and application of science, technology, engineering and math (STEM). The projects must align with at least one of three focus areas: the basic science and engineering needed to address energy challenges; new energy technologies entering the marketplace; and the expanding role of information technology in how we efficiently manage and use energy. The application deadline is Oct. 15.

“The E2 Grant program will help prepare students to address one of their generation’s greatest challenges – making the transition to a more secure, efficient and low-emissions energy system to power both our buildings and our vehicles,” said Mayo A. Shattuck III, chairman, president and chief executive officer of Constellation Energy. “Achieving this outcome is essential to the nation’s economic success and to the health of the communities in which we live and work. The E2 Grant program furthers Constellation Energy’s support for education and our efforts to build the energy architecture of the future through investments in cleaner, smarter and more integrated energy technologies.”

To qualify for an E2 Grant, a project should be located in an area where Constellation Energy does business. Projects should be team-oriented and reach a minimum of 100 students. Both two- and four-year colleges and universities are eligible. Projects involving students in grades six through 12 must include a minimum of three partners, including at least one that is governed by a board of directors and designated a 501(c)3 nonprofit organization.

Interested organizations can find additional project criteria and a link to an online application form in the Community Outreach section at www.constellation.com.

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 9,000 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 $15.6 billion in 2009.

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