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Constellation NewEnergy and Jurys Boston Hotel Agree to Match Electricity Usage with 100 Percent Renewable Energy

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Constellation Energy
750 E. Pratt St.
Baltimore, MD, 21202
USA



Press release date: October 4, 2007

Renewable Energy Credits secured for Jurys Boston Hotel are a critical part of the hotel's sustainable and industry-leading environmental practices

BALTIMORE, Oct. 4 /-- Constellation Energy (NYSE:CEG) today announced that its subsidiary, Constellation NewEnergy, has entered into a green electricity purchase agreement with the Jurys Boston Hotel. As part of the agreement, Constellation NewEnergy will provide approximately 7 million kilowatt hours of Green-e certified Renewable Energy Credits (RECs) for 100 percent of the hotel's electricity usage, making Jurys one of the first hotels in Boston to match its entire load with green energy sources.

"Working with Constellation NewEnergy to match 100 percent of the hotel's energy demands further underscores our commitment to reducing our carbon footprint," said Stephen Johnston, general manager of Jurys Boston Hotel. "We believe our investment in green business practices not only sets us apart from our competition, it is embraced by our discerning guests who seek both luxurious amenities alongside sustainable business practices. You could say that 'greening' our Irish hotel has always been a priority for us."

Winner of the First Annual City of Boston Green Business Awards 2007 for "Green Business Practices," and named an "Energy Star Hotel" in 2006 by the EPA, Jurys' decision to match 100 percent of its electricity usage with RECs complements a number of other sustainability initiatives, including: o Ozone-based laundry system - an innovative and environmentally-friendly laundry system reduces hot water consumption, sewer usage and chemical usage; o Water consumption - the hotel installed low-flow faucets, showerheads and toilets to reduce water consumption; o Training - employees are encouraged to participate in programs on environmental leadership, best management practices, hazardous waste management, recycling procedures and green cuisine; o Food service - Jurys' award-winning Stanhope Grille uses local and organic produce as well as sustainable food products whenever feasible, including herbs and vegetables grown in the hotel's unique rooftop garden; o Recycling programs - paper, glass and plastic are recycled.

"We are pleased to support Jurys Boston Hotel's sustainable environmental practices by providing them with sources of clean and renewable energy to match their electricity usage," said Carrie Cullen Hitt, vice president for Renewable Products for Constellation NewEnergy. "Jurys' environmental leadership sets a powerful example for the industry, and is very much aligned with Constellation NewEnergy's commitment to offer innovative green energy products and solutions to our customers across North America."

The secured RECs will help Jurys replace the carbon emissions produced during the combustion of fossil fuels with clean, renewable generation resources. The environmental impact of one certified REC is comparable to eliminating the emissions associated with one megawatt hour of electricity produced by a fossil fuel generator.

Constellation NewEnergy (http://www.newenergy.com/), a wholly owned subsidiary of Constellation Energy (NYSE:CEG), is a leading competitive supplier of electricity, natural gas and energy-related services to commercial, industrial and institutional customers throughout North America. Constellation NewEnergy operates in all competitive energy markets throughout Canada and the United States, providing products that enable customers to effectively manage and control energy costs. Constellation NewEnergy's regional expertise, coupled with its national presence, provides customers with customized energy products and services while leveraging the assets of one of the strongest integrated energy companies in North America. Constellation NewEnergy, based in Baltimore, serves more than 19,000 commercial, industrial and institutional customers throughout 31 states and three Canadian provinces representing nearly 14,000 megawatts of peak load and more than 354 billion cubic feet of annual natural gas consumption.

Constellation Energy (www.constellation.com), a FORTUNE 200 company with 2006 revenues of $19.3 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.

In addition to its environmental achievements and EnergyStar rating, Jurys Boston Hotel (www.jurysboston.com) has been praised as "Boston's Best New Hotel" (Boston Magazine), "Boston's Best Hotel Bar" (Boston Magazine and Improper Bostonian), and by Conde Nast Traveler magazine among others. Officially opened in 2004 at the site of the 1925 Boston Police Headquarters at 350 Stuart Street, Jurys Boston Hotel features 225 guest rooms and three suites, five dedicated meeting spaces, Stanhope Grille restaurant, Cuffs - An Irish Bar, and Il Barista, a bistro offering European coffee and pastries by day and a full bar by night. For inquiries on Jurys Boston Hotel, please call Julie Dennehy at 508-533-8311.

Source: Constellation Energy

CONTACT: Lawrence McDonnell of Constellation Energy, +1-410-470-7433

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