BNET Industries
Constellation Energy Group Inc. (CEG) is in the Energy Industry
- Revenue
- Dec 31 2007
- $21.1B
- Profit
- Dec 31 2007
- $821.5M
- Market Cap
- Jul 23 2008
- $13.9B
Latest News and Analysis
Seven Cogeneration Stocks to Fuel Your Portfolio
Stockerblog submits: One group of the alternative energy green stocks that is rarely discussed in the press is cogeneration, which is the generation of two or more sources of power, such as electricity, heat, and steam, from one source of fuel. Even cooling can be another byproduct of cogeneration...
Constellation Energy Group, Inc. Q1 2008 Earnings Call Transcript
Constellation Energy Group, Inc. Q1 2008 Earnings Call Transcript
Constellation Energy Group, Inc. Q4 2007 Earnings Call Transcript
Constellation Energy Group, Inc. Q4 2007 Earnings Call Transcript
Additional Resources
PharmAthene Appoints Jordan P. Karp, J.D. Senior Vice President and General Counsel
ANNAPOLIS, Md., July 10 /PRNewswire-FirstCall/ -- PharmAthene, Inc. a biodefense company specializing in the development and commercialization of medical countermeasures against chemical and biological threats, announced today that Jordan P. Karp, J.D., has been appointed Senior Vice President & General Counsel, overseeing all legal and human resources matters...
The Daily Record News Summaries: July 1, 2008
Legg to protect 3 funds Legg Mason Inc. said it entered agreements to protect three money- market funds against potential losses that will cut earnings in the three months ended today by 64 cents a diluted share. The Baltimore- based money manager said it will provide as...
Fitch Expects to rate Baltimore Gas & Electric Company's Bonds 'A-'; Outlook Stable
CHICAGO & NEW YORK -- Fitch expects to assign an 'A-' rating to Baltimore Gas & Electric Company's (BGE, Issuer Default Rating IDR 'BBB+') issuance of senior unsecured notes. The Rating Outlook is Stable. Proceeds will be used for general corporate purposes. On April 8, 2008, Fitch affirmed...
The Daily Record News Summaries: June 11, 2008
Constellation to restart plant Constellation Energy Group Inc., the biggest U.S. electricity marketer, said it's restarting a Baltimore power plant that's been idle for five years to help meet growing energy demand in the mid- Atlantic region. The natural gas-fueled Gould Street Power Plant, which can generate...
UniStar mulls reactor choice
UniStar Nuclear Energy, of Baltimore, a joint venture between Baltimore-based Constellation Energy Group and European electricity producer EDF Group, said it plans to decide by the end of the year whether to proceed with early site work for a third reactor next to Constellation Energy's Calvert Cliffs Nuclear Plant in...
News Summary - 5/30
PSC approves BGE rebate plan The Maryland Public Service Commission has approved a plan by Baltimore Gas and Electric Co. to distribute rebates owed to customers under a recent agreement with the state. The rebates will cost $187 million. Under the plan, residential customers receiving service from...
Maryland Public Service Commission approves BGE rebate plan
The Maryland Public Service Commission has approved a plan by Baltimore Gas and Electric Co. to distribute rebates owed to customers under a recent agreement with the state. The rebates will cost $187 million. Under the plan, residential customers receiving service from BGE on Aug. 29 will receive a $170...
Iberdrola Renovables sells Utah power plant for $87.5M
Iberdrola Renovables SA, a unit of Spanish utility Iberdrola SA, has sold a gas-fed power plant near Salt Lake City to Constellation Energy Group Inc. for $87.5 million. The power plant has an installed capacity of 200 megawatts, enough to power 160,000 U.S. homes, the Madrid-based company...
Constellation Energy Group Inc. of Baltimore to sell subsidiary
Constellation Energy Group Inc., of Baltimore, the nation's biggest competitive supplier of electricity to large commercial and industrial customers as well as the largest wholesale power seller, said it intends to sell its Fellon-McCord & Associates subsidiary, an energy consulting and management company, to co-founder Andrew R. "Drew" Fellon. Financial...
Week in Review
Constellation's net falls Constellation Energy Group Inc., the biggest U.S. power marketer, said first-quarter profit fell 26 percent as sales declined and fuel costs rose. Net income dropped to $145.7 million, or 81 cents a share, from $195.7 million, or $1.07 per share, a year earlier, Baltimore-based...
Gov. O'Malley signs Constellation settlement
Gov. Martin O'Malley took a major step toward finalizing an agreement with Constellation Energy Group Inc. Thursday by signing a law that settles dueling lawsuits between the state and the company. O'Malley called the agreement "the first good news consumers have had in a long time on...
Plans for New Power Generation in New York Could Increase Capacity by 31%, an Industrial Info News Alert
Researched by Industrial Info Resources(Sugar Land, Texas) -- Developers are proposing more than 12,500 megawattsMW of new generation in New York. If these projects come to fruition, thestate's generation capacity could increase by 31%, bringing capacity upfrom about 44,400 MW to about 52,900 MW. NRG Energy Incorporated (NYSE:NRG)plans to install...
2008 Legislative Wrap-up: Constellation deal wins Maryland Assembly
In the final hours of the legislative session, lawmakers approved a settlement that won Baltimore Gas & Electric Co. ratepayers one- time rebates of $170 and avoided further litigation between the utility's parent company and Maryland. The agreement nearly died when the Senate tacked on an amendment...
Either a $6M pay cut or $800K raise for Maryland's Constellation
According to a filing made with the Securities and Exchange Commission, the CEO of Baltimore's only Fortune 500 company took a $6 million pay cut in 2007. But Constellation Energy Group Inc. says that CEO Mayo A. Shattuck III actually got an $800,000 raise for the year....
Fitch Affirms Constellation Energy & Baltimore Gas & Electric on Maryland Settlement
NEW YORK -- Fitch Ratings has affirmed the Issuer Default Rating IDR and other ratings of Constellation Energy Group, Inc. (CEG; 'BBB+') and Baltimore Gas and Electric Company (BGE; 'BBB+') and removed the ratings from Rating Watch Negative, upon the passage of legislation by the Maryland General Assembly approving the...
Constellation Energy Group of Baltimore makes the list
Constellation Energy Group, of Baltimore, the nation's largest competitive supplier of electricity to large commercial and industrial customers as well as the largest wholesale power seller in the U.S., said it has been named to the BusinessWeek 50 annual ranking of the best-performing companies for the second consecutive year. Constellation...
Unemployment bill is caught in logjam in Maryland House
With the 2008 legislative session moving inexorably toward Monday's midnight adjournment, the clock seemed to have run out on a proposal to allow workers to collect unemployment benefits if they are looking for part-time jobs. A similar bill passed the Senate weeks ago, but the House Economic...
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- Incorporated: 1906
- CEO: Mr. Mayo A. Shattuck III
Constellation Energy is an energy company that manages its operations primarily through its merchant energy business and Baltimore Gas and Electric Company (BGE). Co.'s merchant energy business is a competitive provider of energy services, with facilities located throughout the U.S. and covering a variety of customers. BGE is a regulated electric transmission and distribution utility company and also a regulated gas distribution utility company with a service territory that covers the City of Baltimore and all or part of ten counties in central Maryland.
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Constellation Energy Group Inc. Company Info
Board of Directors
Mr. Mayo A. Shattuck III
Chairman
Mr. Robert J. Lawless
Ms. Lynn M. Martin
Mr. John L. Skolds
Mr. Michael D. Sullivan
Ms. Ann C. Berzin
Mr. Thomas V. Brooks
Vice-Chairman
Mr. Yves C. de Balmann
Mr. Douglas L. Becker
Mr. James T. Brady
Mr. Edward A. Crooke
Mr. James R. Curtiss
Dr. Freeman A. Hrabowski III
Ms. Nancy Lampton
Contact Information
750 E. Pratt Street
Baltimore, MD
http://www.constellationenergy.com
410 783-2800