Constellation Energy Signs Agreement With Clinton Climate Initiative
February 07 2008 - 11:55AM
PR Newswire (US)
Constellation Energy Projects & Services to Partner on Energy
Efficiency Program BALTIMORE, Feb. 7 /PRNewswire-FirstCall/ --
Constellation Energy (NYSE: CEG) today announced it has signed an
agreement with the Clinton Climate Initiative (CCI) to jointly
pursue opportunities to lower harmful emissions and improve energy
efficiency. "This partnership with CCI illustrates Constellation
Energy's commitment to becoming one of the leading providers of
energy efficient products and services," said Paul J. Allen, chief
environmental officer and senior vice president, Constellation
Energy. "These programs significantly improve energy efficiency,
lower emissions and save money. We look forward to pursuing
qualified projects with CCI and demonstrating how the latest
innovation in energy products and services can drive measurable and
meaningful environmental and economic results." Under one element
of the CCI initiative, the C40 Large Building Retrofit Program,
participating cities pre-qualify a pool of energy service companies
that can respond to request for proposals (RFP) for energy
efficiency projects at large municipal buildings. Companies
selected for projects will conduct energy audits, design and
implement an energy retrofit plan, oversee site work and provide
performance guarantees on energy usage and savings. In addition to
the C40 Large Building Retrofit Program, Constellation Energy
supports the American College and University Presidents Climate
Commitment, or ACUPCC, which has partnered with the Clinton Climate
Initiative on a comprehensive program to introduce more green
energy solutions to college campuses. The ACUPCC has received
commitments from 400 colleges and universities to develop a
comprehensive plan to reduce emissions that cause global warming.
President Bill Clinton's foundation launched CCI in August 2006,
with the mission of applying the Clinton Foundation's
business-oriented approach to the fight against climate change in
practical, measurable and significant ways. Constellation Energy
Projects & Services Group, a subsidiary of Constellation Energy
specializing in energy services and renewable power projects, will
oversee the company's participation in the CCI program.
Constellation Energy Projects & Services Group
(http://www.ceprojects.com/) is a full-service energy company,
providing customized energy solutions to government, institutional
and large commercial and industrial customers nationwide. The
company's large array of products and services-including utility
infrastructure outsourcing, energy consulting and energy
projects-are all designed to increase energy efficiency,
reliability, cost effectiveness and improve the customer's bottom
line. Constellation Energy (http://www.constellation.com/), a
FORTUNE 125 company with 2007 revenues of $21 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: Lawrence McDonnell for Constellation
Energy, +1-410-470-7433 Web site: http://www.constellation.com/
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