CEG Constellation Energy Grp. Common Stock

Constellation Energy Donates $20,000 to Area Environmental Projects Chesapeake Bay Foundation, Trust for Public Land Latest Recipients of National Energy Company Grants BALTIMORE, Oct. 22 /PRNewswire/ -- Constellation Energy (NYSE:CEG) today announced donations totaling $20,000 to two environmental organizations - the Chesapeake Bay Foundation (CBF) and the Trust for Public Land (TPL). Each will receive $10,000 in support of their efforts to improve the environment and enhance community education. "Constellation Energy is mindful that the nature of our business directly links us with the natural resources we all share," said Mayo A. Shattuck III, chairman, president and chief executive officer of Constellation Energy. "We are pleased to enter into partnerships with organizations that share our belief in environmental stewardship. These grants are designed with that philosophy in mind and will help promote the preservation and protection of the Chesapeake Watershed, one of Maryland's most precious natural resources." For its part, the CBF plans to utilize its grant to enhance its Maryland Education Program, an initiative that invests in students and teachers resulting in an active constituency that values the Chesapeake Bay and is willing to work to preserve it. The TPL grant has been earmarked for use in completing the Gwynns Falls Trail, a 14-mile hiking and biking greenway that will link 30 low-to-moderate income neighborhoods to urban wilderness. These most recent grants are consistent with Constellation Energy's commitment to support social investments focused on education, economic development and the environment. The CBF, for example, is one of four area nonprofit organizations including Kennedy Krieger Institute, The Robert Packard Center for ALS Research at Johns Hopkins and Living Classrooms Foundation, which expect to receive $100,000 each this year from the proceeds of the second Constellation Energy Classic. Constellation Energy (http://www.constellation.com/), a Fortune 500 integrated energy company, is the leading supplier of competitive energy to large commercial and industrial customers in North America. Constellation Energy manages supply and delivery of fuels and power for some of the world's largest producers and consumers of electricity, natural gas, oil and coal. Constellation Energy also owns or holds ownership interests in a diversified fleet of 35 power plants in 11 states, totaling approximately 12,500 megawatts of generating capacity, and delivers safe, economical and reliable electricity and natural gas in Central Maryland through its regulated utility, the Baltimore Gas and Electric Company (BGE). Constellation Energy is headquartered in Baltimore with nearly four dozen corporate and regional offices around the world. Constellation Energy's combined revenues in 2003 totaled $9.7 billion. DATASOURCE: Constellation Energy CONTACT: Jennifer Neil, Constellation Energy, +1-410-234-7433 Web site: http://www.constellation.com/ Company News On-Call: http://www.prnewswire.com/comp/084087.html

Copyright