Constellation NewEnergy Signs Agreement to Supply Goodwill Industries With Wind Energy

Constellation Energy (NYSE:CEG) announced today that its subsidiary, Constellation NewEnergy, Inc., has entered into a two-year green electricity purchase agreement with Goodwill Industries International. Constellation NewEnergy will supply Goodwill Industries International’s headquarter location in Rockville, Md. with renewable energy certificates (RECs) sourced from wind power renewable resources to offset 100-percent of its energy use. The effort is part of an overall initiative for Goodwill Industries International and its independent member agencies to green their buildings and stores to meet Leadership in Energy and Environmental Design (LEED) standards.

LEED encourages and accelerates global adoption of green building and promotes a whole-building approach to sustainability by recognizing performance in five key areas of environmental health: sustainable site development, water savings, energy efficiency, materials selection and indoor environmental quality.

“By using 100-percent wind energy, Goodwill is demonstrating its commitment to its overall Going Green Initative,” said Steve Krotonsksy, chief operating officer for Goodwill Industries International.

Goodwill® is a member of the AOBA Alliance, Inc, one of the largest commercial energy aggregation groups in the United States, for which Constellation NewEnergy serves as energy services provider.

The renewable energy certificates supplied by Constellation NewEnergy are Green-e Energy certified from wind energy facilities. For all of the energy Goodwill Industries International’s headquarters uses, an equivalent amount of energy generated from wind power and represented by RECs will be put into the energy grid. This increases the amount of pollution-free generated electricity and decreases the amount of energy that is generated from fossil fuels.

“Constellation NewEnergy is pleased to support Goodwill’s sustainability goals,” said Michael Smith, senior vice president of green initiatives for Constellation NewEnergy. “Goodwill has extended its mission of enriching communities to include supporting clean, renewable sources of energy.”

Constellation NewEnergy’s Wind RECs are sourced from wind facilities located in the United States. Through the purchase of RECs, Constellation NewEnergy and its customers are supporting the operation and development of facilities that generate renewable energy.

Goodwill Industries International is a network of 165 community-based agencies in the United States and Canada with 14 affiliates in 13 other countries. Goodwill is one of North America’s top five most valuable and recognized nonprofit brands as well as a leading social services enterprise (Source: Cone Nonprofit Power Brand 100, 2009). Goodwill agencies are innovative and sustainable social enterprises that fund job training programs, employment placement services and other community-based programs by selling donated clothing and household items in more than 2,400 retail stores and online at Local Goodwill agencies also build revenue and create jobs by contracting with businesses and government to provide a wide range of commercial services, including packaging and assembly, food service preparation, and document imaging and shredding. In 2009, nearly 2 million people in the United States and Canada benefited from Goodwill’s career services. Goodwill channels 84 percent of its revenues directly into its programs and services.

Constellation Energy 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 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 $15.6 billion in 2009.