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Constellation Energy Named Leading Global Energy Company By Platts

Posted on: Monday, 5 December 2005, 12:00 CST

BALTIMORE, Dec. 5 /PRNewswire-FirstCall/ -- Constellation Energy today announced that it has been named a Platts 250 Global Energy Company for 2005, earning a position as the No. 2 independent power producer worldwide and ranking No. 78 in overall global performance. The rankings are based on a comprehensive assessment of energy companies' financial performance, including asset worth, revenues, profits and return on invested capital.

"Through the relentless execution of our business strategy and the hard work of our nearly 10,000 dedicated employees, Constellation Energy continues to distinguish itself as a consistently strong financial performer," said Mayo A. Shattuck III, chairman, president and chief executive officer of Constellation Energy. "Since the new management team came together in 2001, our revenue has more than tripled, our stock has appreciated almost 140 percent, and we've ascended to the number one position in competitive energy supply to commercial and industrial customers in North America. We are extremely proud of these accomplishments and pleased to be recognized by Platts as one of the top energy companies in the world."

Platts is the global energy information division of The McGraw-Hill Companies and a leading source of energy news on the oil, natural gas, electricity, nuclear power, coal, petrochemical and metal markets.

Constellation Energy (http://www.constellation.com/), a FORTUNE 200 company based in Baltimore, 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 more than 100 generating units located throughout the United States, totaling approximately 12,000 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. In 2004, the combined revenues of the integrated energy company totaled $12.5 billion.

Constellation Energy

CONTACT: Robert L. Gould or Angelique Rewers of Constellation Energy,+1-410-234-7433

Web site: http://www.constellation.com/

Company News On-Call: http://www.prnewswire.com/comp/084087.html

Source: PRNewswire-FirstCall

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