In the News

October 12, 2010 - This week, with great excitement we announced Constellation Energy's acquisition of CPower, a leading energy management and demand response provider. With the closing of this transaction, Constellation Energy now manages more than 1,500 megawatts of dispatchable demand response capacity throughout North America.

The integration of Constellation Energy and CPower opens a new chapter of energy management opportunities for commercial, industrial, government and institutional customers of all sizes. As we look to the future, we are convinced that the challenges to resolving both our increasing energy demand and the dynamic needs of energy users will be met through the intelligent integration of electricity generation, active management of energy use and innovative technological platforms.

Together, Constellation Energy and CPower provide an unparalleled combination of vision, people, products, technologies and resources that will help our customers and business partners intelligently manage and use their energy. Offering a wide variety of energy products and services, Constellation Energy is the trusted provider to customers across North America, including two-thirds of the Fortune 100. We are now firmly positioned to lead our industry and our customers into an energy future that provides a variety of options, strategies and opportunities for manageable energy costs, increased sustainability and greater energy budget control.

Over the next several months, we will be integrating the teams, systems and processes that have made both companies leaders in helping customers manage electricity demand. Our integration plan is, first and foremost, focused on ensuring a seamless transition for our customers and continued excellence in customer service. Please continue to engage with Constellation Energy or CPower as you always have - via your current Constellation Energy and CPower account representatives.

We look forward to an exciting and rewarding future for our customers, our employees and our shareholders.


Gary Fromer
CEO
CPower
Mark P. Huston
Managing Director, Retail Energy
Constellation Energy