Constellation Energy Seeking Applications for EcoStar Grant Program

BALTIMORE--(BUSINESS WIRE)-- Constellation Energy (NYSE: CEG) today announced that it is taking applications for its

annual EcoStar Grant program, which provides qualifying nonprofit organizations with funds to implement projects that support

Constellation Energy's continuing commitment to environmental stewardship. Grant awards will be up to $5,000, with funds

provided by the Constellation Energy Foundation.

This is the third year for the EcoStar Grant program, which targets community-based projects that fit into one or more of five

stewardship categories: pollution prevention, education and outreach, energy efficiency, conservation and community activism.

The application deadline is March 10 and grant awards will be announced on or before Earth Day, April 22.

"We are excited to continue the success of the EcoStar Grant program, which has provided funding for a wide range of

environmental stewardship projects that demonstrate our commitment to the organizations making a difference in our

communities," said Paul J. Allen, chief environmental officer and senior vice president, Constellation Energy. "These grassroots

projects are a natural complement to our continuing efforts to benefit the environment by investing in solar, wind and other

clean energy sources, while also providing homes and businesses with the products and services to more efficiently manage

their energy use."

The EcoStar Grant program is one of a range of initiatives, donations and grants targeting Constellation Energy's key areas of

focus for community outreach —energy, education, economic growth, the environment and employee involvement. Since the

program's inception in 2010, Constellation Energy has awarded 147 EcoStar Grants totaling $655,000.

To qualify for an EcoStar Grant, a project should be located in an area where Constellation Energy does business. Applicants

must have a board of directors and be designated a 501(c)3 nonprofit organization. Applications should include a project

budget that details how the grant award will be spent, with no more than 20 percent allocated to administrative and office

expenses.

Constellation Energy (NYSE: CEG) is a leading competitive supplier of power, natural gas and energy products and services

for homes and businesses across the continental United States. It owns a diversified fleet of generating units, totaling

approximately 12,000 megawatts of generating capacity, and is a leading advocate for clean, environmentally sustainable

energy sources, such as solar power and nuclear energy. 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 $14.3 billion in 2010.

Constellation Energy

Christina Pratt, 410-470-7433

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