Constellation Energy Contributes Record $3.6 Million to 2004 United Way Campaign
January 17 2005 - 12:07PM
PR Newswire (US)
Constellation Energy Contributes Record $3.6 Million to 2004 United
Way Campaign BALTIMORE, Jan. 17 /PRNewswire-FirstCall/ --
Constellation Energy (NYSE:CEG) today announced that its employees
continued the tradition of generous community support by
contributing more than $3.6 million to the various 2004 United Way
Campaigns where the company has operations. Together with
Constellation Energy's matching gift, 50 cents for every dollar
contributed, United Way Campaign contributions totaled $3.6
million, topping last year's $3 million. Employee contributions
increased from $2 million to over $2.45 million this year, an
increase of 16 percent. "As Constellation Energy continues its
growth beyond its roots in Maryland, our enduring partnership with
the United Way now reaches neighbors in need in communities around
the country," said Mayo A. Shattuck III, chairman, president and
CEO. "Employees deserve credit for again stepping up to the plate
and making a difference. Their strong involvement in our United Way
Campaign is one of the ways we demonstrate our commitment to
maintain an active, supportive presence in the communities we live,
serve and work." Nearly $2.45 million will go to the United Way of
Central Maryland and the balance of the contributions will go to
other United Way campaigns where Constellation Energy has
operations. "Community commitment and a genuine concern for others
has been a time- honored tradition for Constellation Energy
employees. Our company's annual United Way campaign is one of the
ways we're able to demonstrate our commitment to maintaining a
strong, supportive presence in the communities where we live and
work," said Stu Rubenstein, Constellation Energy's 2004 United Way
campaign chairman and Constellation Energy's chief operating
officer -- Constellation Commodities Group. Constellation Energy
employees also participated in several United Way sponsored
fundraising and community outreach programs across the country
including the annual Day of Caring Projects. Constellation Energy,
a Fortune 500 company based in Baltimore, is the nation's leading
competitive supplier of electricity to large commercial and
industrial customers and one of the nation's largest wholesale
power sellers. Constellation Energy also manages fuels and energy
services on behalf of energy intensive industries and utilities. It
owns or co-owns 107 generating units at 35 locations in 11 states.
The company delivers electricity and natural gas through the
Baltimore Gas and Electric Company (BGE), its regulated utility in
Central Maryland. In 2003, the combined revenues of the integrated
energy company totaled $9.7 billion. DATASOURCE: Constellation
Energy CONTACT: Robert L. Gould of Constellation Energy,
+1-410-234-7433 Web site: http://www.constellation.com/ Company
News On-Call: http://www.prnewswire.com/comp/084087.html
Copyright
Constellation Energy (NYSE:CEG)
Historical Stock Chart
From Jun 2024 to Jul 2024
Constellation Energy (NYSE:CEG)
Historical Stock Chart
From Jul 2023 to Jul 2024