Constellation NewEnergy Supplying Green Power to Starwood Hotels During RNC Convention in New York

Aug 30, 2004, 01:00 ET from Constellation Energy

    BALTIMORE, Aug. 30 /PRNewswire-FirstCall/ -- Constellation Energy
 (NYSE:   CEG) today announced that its subsidiary, Constellation NewEnergy, is
 supplying green power to nine Starwood hotel properties in New York City
 during this week's Republican National Convention.
     The power agreement covers all the Sheraton and W hotels in Manhattan as
 well as the St. Regis.  Constellation NewEnergy purchased renewable energy
 credits from Sterling Planet to meet Starwood's anticipated peak demand during
 the convention, approximately 10,054 megawatt hours.
     "It's a privilege to be supplying green power to Starwood for this premier
 event," said Clem Palevich, president, Constellation NewEnergy.  "Like
 Starwood, we're committed to environmental stewardship and proud to be a
 leader in the green power market."
     "Starwood is committed to energy efficiency and proud to participate in
 this program with Constellation NewEnergy," said John Lembo, corporate
 director of energy. "We are supporters of green power and we'll be
 investigating more opportunities as part of our commitment to reducing
 negative impacts to the environment."
     Mel Jones, president and CEO of Sterling Planet, supported by the New York
 State Energy Research and Development Authority, which secured the renewable
 energy credits for Constellation NewEnergy, said, "Sterling Planet applauds
 this commitment to join the migration to cleaner, renewable energy that is
 readily available and locally produced."
     Deirdre Lord, vice president for Constellation NewEnergy's New York and
 New Jersey region, added, "We've been the power behind Starwood and many of
 Manhattan's other marquis properties for many years. It's an honor to be able
 to provide green power to Starwood during this week's convention."
     Constellation NewEnergy also supplied renewable electricity to Boston's
 FleetCenter during July's Democratic National Convention.
     Starwood's energy program was recognized by the EPA's Energy Star Program
 as an Energy Star partner for 2002 -2003.
     Constellation NewEnergy, a member of Constellation Energy, is a leading
 competitive supplier of electricity, natural gas and energy related services
 to commercial and industrial customers throughout North America. Constellation
 NewEnergy operates in all competitive energy markets throughout the United
 States and Canada, 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 8,000 commercial and industrial customers
 throughout 31 states and 3 Canadian provinces representing more than 9,000
 megawatts of peak load and more than 300 billion cubic feet of annual natural
 gas consumption.
     Constellation Energy, a Fortune 500 company based in Baltimore, is the
 nation's leading competitive supplier of electricity to large commercial and
 industrial customers and one of the nation's largest wholesale power sellers.
 Constellation Energy also manages fuels and energy services on behalf of
 energy intensive industries and utilities. It owns and operates a diversified
 fleet of 35 power plants in 12 states. The company delivers electricity and
 natural gas through the Baltimore Gas and Electric Company (BGE), its
 regulated utility in Central Maryland. In 2003, the combined revenues of the
 integrated energy company totaled $9.7 billion.

SOURCE Constellation Energy