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BALTIMORE, April 22, 2010 – Constellation Energy (NYSE: CEG) and
McCormick & Company,
Inc. (NYSE: MKC) today announced an agreement to develop
a new 1.8-megawatt (DC) solar photovoltaic power system at
the McCormick distribution center in Belcamp, Md. This will
be the largest single rooftop solar installation in Maryland,
and is the second solar installation developed for McCormick
by Constellation Energy. In late 2008, the companies brought
a nearly 1-megawatt solar installation online at McCormick's
Spice Mill in Hunt Valley, Md. Construction of this latest
installation has been scheduled to begin in late June with
estimated completion by the close of 2010.
"In order for renewables to expand and make a meaningful impact, you have to have organizations like McCormick that make a commitment to sustainability and developers such as Constellation Energy that make clean energy practical and reliable," said Michael Smith, senior vice president of green initiatives for Constellation Energy. "We are very pleased to be working again with McCormick on a new solar installation. This affirms that Constellation Energy's solar model creates an affordable and realistic renewable energy solution for our customers."
Constellation Energy will finance the project, including design and construction of the installation, and then own and maintain the solar power system for a period of 20 years. McCormick purchases energy produced by the solar installations hosted at its facilities. Structuring solar projects in this way creates an attractive business model that creates no upfront costs for customers and provides them with firm power costs over a long term. Constellation Energy expects McCormick to save an estimated $3.4 million in electricity costs over the term of the agreement.
"We have had a very positive response to our earlier solar installations from our customers, employees and shareholders," said Alan Wilson, chairman, president, and CEO of McCormick. "With this new project, McCormick becomes one of the largest corporate users of solar power in the state of Maryland. This is a great source of pride and a clear sign of our ongoing commitment to the environment and sustainability in general. Sustainability makes great sense from a business perspective and is ‘Truly our Nature' at McCormick."
The McCormick Distribution Center solar project is currently designed to utilize 8,372 crystalline photovoltaic solar panels on the facility's 363,000 square foot rooftop. The system is expected annually to generate power equivalent to the amount of electricity used by 195 homes in a year. Generating that same amount of electricity using non-renewable sources would result in the release of more than 1,600 metric tons of carbon dioxide, a greenhouse gas, and the equivalent of the emissions from more than 300 passenger vehicles annually. The project will also create a number of new green jobs, requiring approximately 17,000 man-hours during construction.
Constellation Energy currently has approximately 25 megawatts of on-site solar projects completed or under development throughout the U.S. and announced recently that it has set aside $90 million to fund the development of similar solar installations in 2010. Qualifying projects of 500 kilowatts generally require at least 100,000 square feet of roof space or two acres of open ground. Commercial customers, universities, school systems, hospitals and government agencies interested in developing solar projects can contact Constellation Energy at Sustainable-Solutions@constellation.com or 1-877-427-2005.
About McCormick
McCormick & Company, Incorporated is a global leader in the manufacture, marketing and distribution of spices, seasonings, specialty foods and flavors to the entire food industry - retail outlets, food manufacturers and food service businesses.
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BALTIMORE, Feb 15, 2010 – Constellation Energy (NYSE: CEG) announced today that the Association of Energy Engineers New England Chapter (AEE-NE) named two of the company’s energy projects as the best in New England in 2010. Constellation Energy’s solar installation at Patriot Place was named the best renewable energy project in New England, and the energy conservation program implemented by Constellation Energy for Bristol Community College topped the list of energy projects at colleges in New England.
“Constellation Energy is honored that our energy projects have been recognized by the Association of Energy Engineers, New England Chapter,” said Marc Aronson, New England business development manager for Constellation Energy’s Projects & Services Group. “We’re particularly pleased that the AEE-NE chose to highlight a solar installation and an energy efficiency project because they are indicative of our approach to sustainability that includes both conservation and deployment of renewable power sources.”
Constellation Energy is constructing a 525 kilowatt photovoltaic power system for Patriot Place, the retail, dining and entertainment destination adjacent to Gillette Stadium in Foxborough, Mass. The system will span seven rooftops of the Patriot Place complex and utilize more than 2,600 photovoltaic solar panels manufactured by Evergreen Solar of Marlboro, Mass., to supply power equivalent to 30 percent of the electricity used by Patriot Place.
For Bristol Community College located in Fall River, Mass., Constellation Energy implemented a wide range of energy conservation measures, including upgrades to energy efficient lighting, development of a solar power system, and installation of a new energy management system and water conservation measures. Constellation Energy expects the combined projects to save Bristol Community College approximately 28 percent on electricity, 31 percent on natural gas, 40 percent on water and more than $400,000 annually.
Constellation Energy has approximately 25 megawatts of solar power systems installed or under way in the U.S., ranging from 500-kilowatt, customer-sited rooftop installations like the Patriot Place system, to a 17.1-megawatt large-scale project in Emmitsburg, Md., that will be among the largest in the U.S. Constellation Energy’s Projects & Services Group has developed more than 4,000 energy projects throughout the U.S. designed to help customers generate and use energy more efficiently and in a sustainable, environmentally responsible way. Organizations interested in developing solar and energy efficiency projects can contact Constellation Energy at 1-800-4ENERGY or cepsinfo@constellation.com.
The AEE-NE, www.aeenewengland.org, is the New England Chapter of the Association of Energy Engineers, which counts a national membership of more than 11,000 energy professionals. The AEE-NE presented the awards for best energy projects in New England on Feb. 3, 2010.
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BALTIMORE, Dec 08, 2009 (BUSINESS WIRE) -- Constellation
Energy (NYSE:CEG) today announced that it has been selected by
the state of Maryland to develop an approximately 15.9 megawatt
DC (13.5 MW/AC) solar photovoltaic power installation under the
state's Generating Clean Horizons initiative. This installation
will represent the bulk of a 17.1 megawatt DC (14.5 MW/AC),
approximately $60 million solar facility that will be
constructed, owned, operated and maintained by Constellation
Energy on land leased from Mount St. Mary's University in
Emmitsburg, Md. The system is expected to be completed by
December 2012 and would be the largest solar photovoltaic
installation in Maryland. Only two photovoltaic systems
currently in operation in the U.S. are larger.
"Constellation Energy is pleased to be partnering with the
state of Maryland on the Generating Clean Horizons initiative to
develop new sources of clean power and stimulate the economy
through the growth of the clean energy sector," said Mayo A.
Shattuck III, chairman, president and chief executive officer,
Constellation Energy. "This large-scale solar facility will make
a significant contribution to our shared goal of a cleaner
energy future."
Renewable electricity produced by the system will be
purchased by the state of Maryland under a 20-year solar power
purchase agreement. The system is expected to produce more than
21,000,000 kilowatt hours of electricity per year.
The system will utilize innovative thin-film photovoltaic
solar panels situated on approximately 100 acres of university
land. Under the agreement, Mount St. Mary's University will also
purchase 1.2 megawatts of electricity from the system.
"This unique partnership with Constellation Energy
strengthens Mount St. Mary's University's commitment to the
promotion and creation of clean energy," said Thomas H. Powell,
president, Mount St. Mary's University. "It continues the
'greening' of the Mount. Our students will be on the forefront
of responsible land use and creation of renewable energy
resources. Frederick County will benefit not only from our
generation of clean energy but also from the reduction of
dependence on more traditional use of coal, natural gas and
fossil fuels."
The Maryland Energy Administration, in partnership with the
University System of Maryland and the Department of General
Services approved the award of four renewable energy projects
under the Generating Clean Horizons program launched in February
2009 to spur the development of large-scale, commercial
renewable energy projects like this one. Under the initiative,
the state issued requests for proposals for long-term power
purchase agreements from renewable power sources delivering
clean power to the grid by 2014.
Constellation Energy's solar facility in Emmitsburg
represents several recent commitments by the company to energy
efficiency and clean energy projects in Maryland. Last week the
company announced that it signed an agreement to develop a $140
million, 70-megawatt wind energy project in Garrett County, Md.
The company also recently completed construction of a $1 billion
air quality scrubber at its Brandon Shores power plant.
Baltimore Gas and Electric, Constellation Energy's regulated
utility in Central Maryland, announced that it has received
federal matching dollars to develop one of the most ambitious
Smart Grid systems in the United States. Constellation Energy
also continues to be recognized as a leader pursuing the
development of greenhouse-gas-emissions-free new nuclear plants
in the U.S.
Constellation Energy has developed approximately 10 megawatts
of solar photovoltaic systems for customers in Maryland and
throughout the U.S. In 2008, the company developed a
300-kilowatt solar system for the Maryland Environmental
Service, the first of its kind for a Maryland state agency.
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 7,100 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 $19.8 billion in
2008.
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Photovoltaic panels to supply solar power to 1.3-million
square foot entertainment, retail and dining destination in
Foxborough, Mass.
BALTIMORE, Oct 07, 2009 (BUSINESS WIRE) -- Constellation
Energy (NYSE:CEG) today announced that its subsidiary,
Constellation Energy's Projects & Services Group, will construct
a photovoltaic power system that will generate approximately 525
kilowatts of clean, renewable solar power at Patriot Place, the
1.3-million-square-foot entertainment, retail and dining
destination adjacent to Gillette Stadium in Foxborough, Mass.
The system will supply approximately 30 percent of Patriot
Place's power and span seven building rooftops at the complex.
Construction, expected to begin in late October, will include
the installation of approximately 2,800 crystalline photovoltaic
panels. Among the buildings hosting the solar power system is
The Hall at Patriot Place Presented by Raytheon, an
award-winning sports and education experience that is one of
Patriot Place's highlights. Photovoltaic panels on the roof of
The Hall will be visible to visitors from inside Gillette
Stadium and from Patriot Place's upper retail plaza.
"In addition to this project being an important contribution
to Patriot Place's overall sustainability initiatives, we are
proud that its visibility will help promote practical and
cost-effective commercial applications of solar power," said
Brian Earley, Patriot Place General Manager.
Constellation Energy's Projects & Services Group estimates
that the system will generate more than 12 million kilowatt
hours of electricity over 20 years, and will prevent the release
of more than 8,800 metric tons of carbon dioxide into the
atmosphere. That is the equivalent of removing more than 1,600
passenger vehicles from the road for a year. The system's real
time power output and performance can be monitored through a
Web-based data acquisition system.
"We are pleased that Patriot Place recognized the expertise
of Constellation Energy's Projects & Services Group in
designing, constructing and maintaining large scale renewable
power systems that deliver sustainable energy in an affordable
manner," said Greg Jarosinski, president and CEO of
Constellation Energy's Projects & Services Group. "Developing a
solar power system at the highly visible, highly trafficked
Patriot Place gives us an opportunity to demonstrate to the
general public that distributed renewable power systems are a
viable and practical component of our energy future."
Under a 20-year power purchase agreement, Constellation
Energy's Projects & Services Group will own the energy assets
and sell the electricity it generates on site to Patriot Place.
Patriot Place, which began opening in phases in 2008, was
constructed utilizing sustainable design practices, including
low-emitting construction materials and white roofs to
facilitate heat island reduction. Patriot Place also employs an
on-site wastewater re-use system that saves millions of gallons
of water annually, and solar-powered trash receptacles
throughout the complex reduce waste volume and energy
consumption.
Working with customers to make installations like this
economical is one part of Constellation Energy's Projects &
Services Group's turn-key, single-source approach to renewable
energy projects that also includes project design, financing,
construction, long-term power supply and system maintenance.
Constellation Energy's Projects & Services Group has developed
approximately 8 megawatts of on-site solar projects nationwide,
part of a portfolio that also includes wind, biomass and
geothermal systems and more than 4,000 energy efficiency and
infrastructure projects throughout the U.S.
About Constellation Energy's Projects & Services Group
Constellation Energy's Projects & Services Group (www.ceprojects.com)
is the energy services arm of Constellation Energy (NYSE:CEG), a
leading supplier of energy products and services to wholesale
and retail electric and natural gas customers. Serving business
and institutional customers nationwide, Constellation Energy's
Projects & Services Group specializes in financial and
environmental solutions that can significantly reduce energy
consumption and costs. Constellation Energy's Projects &
Services Group delivers the technical expertise to develop large
scale energy projects, such as solar, biomass and geothermal
projects, and on- or off-site power generation systems. The
company also designs and implements full energy system retrofits
that save energy and reduce harmful emissions.
About Patriot Place
Patriot Place, located adjacent to Gillette Stadium in
Foxborough, Mass., features 1.3 million square feet of shopping,
dining and entertainment options, including large and boutique
retailers, 15 casual to high end restaurants and other nightlife
venues. Among the highlights of Patriot Place are New England's
first Bass Pro Shops, a state-of-the-art, 14-screen Showcase
Cinema De Lux, the first Showcase Live concert and event venue,
the 16,000-square-foot CBS Scene Restaurant & Bar, The Hall at
Patriot Place presented by Raytheon, a Brigham & Women's/Mass
General Health Care Facility and the Renaissance Hotel & Spa at
Patriot Place. With a four-star hotel, restaurants, attractions
and several hundred thousand square feet of event space, Patriot
Place is an ideal conference, meeting or special event
destination. For more information, visit
www.patriot-place.com.
Photos/Multimedia Gallery Available:
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National Association of Housing and Redevelopment
Officials (NAHRO) recognizes Constellation Energy's extreme
makeover of Salvation Army Boys and Girls Club
BALTIMORE, Oct 05, 2009 (BUSINESS WIRE) -- Constellation Energy
(NYSE: CEG), announced today that it has been awarded the
Distinguished and Notable Service Awards from the National
Association of Housing and Redevelopment Officials (NAHRO). The
awards were presented at NAHRO's 2009 National Conference and
Exhibition in Washington, D.C. on Oct. 4. NAHRO recognized
Constellation Energy for its project to renovate the Salvation
Army's Boys and Girls Club of Franklin Square in Baltimore, Md.
"We are very pleased to accept this award and for
Constellation Energy employees to be recognized for their
commitment to improving the communities where they live and
work," said Terry Castagnera, a government relations program
manager for Constellation Energy who accepted the award and led
the Salvation Army Boys and Girls Club renovation.
More than 125 volunteers from Constellation Energy dedicated
3,600 hours over two weeks in September 2008 to perform an
extreme makeover on the Salvation Army's busiest Boys and Girls
Club in Baltimore. Employees replaced old and worn equipment,
demolished and reconstructed rooms, added lighting and safety
equipment, installed IT hardware and software, and decorated
every room with new paint, flooring and furniture. Altogether,
Constellation Energy contributed more than $214,000 in estimated
labor, materials and in-kind donations to the project.
As a result of the project, the newly renovated Club doubled
its capacity and now provides 150 at-risk children with a safe
and comfortable place to play and learn.
"The support that Constellation Energy has provided us
demonstrates to these kids and their community that they are not
alone and that there are people who care about them and want to
help," said Major Roger Coulson, Baltimore Area Commander of the
Salvation Army.
Constellation Energy is a member of NAHRO, the leading
housing and community development advocate for the provision of
adequate and affordable housing and strong viable communities.
Constellation Energy works with more than 40 housing authority
communities throughout the U.S. In addition to electricity
supply, Constellation Energy offers a range of services for
public housing customers, including energy efficiency upgrades,
performance contracting, and energy usage education for
residents.
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 throughout the
United States, 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 $19.8 billion in
2008.
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